Saint-Paul-de-Montminy, founded in the early 20th century and located in Quebec, Canada, is a prominent municipal issuer dedicated to enhancing local infrastructure and community development. The company primarily focuses on the issuance of bonds to finance public projects such as highways, schools, and healthcare facilities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| STPMON 2.25% 2025-01-27 CADSaint-Paul-de-Montminy | Canada | 2025-01-27 | 2.250 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Saint-Paul-de-Montminy has been active in the bond market, with its first issuance recorded in 1965 aimed at funding the expansion of local public services. The most notable issuance came in 2010, when the municipality raised CAD 15 million to develop a new cultural center, which has since become a vital community hub. Currently, their bonds yield around 3.5%, competitive within the local government bond market, and they are known for offering tax-exempt options to investors, enhancing their attractiveness.