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Ministère des Finances

Ministère des Finances

Credit quality

Québec’s Green Bonds have the same characteristics as conventional bonds in terms of price, yield, maturity and credit ratings.

Green Bonds constitute valid bonds of Québec and rank pari passu with each other and with all other debt issued by Québec.

Holders of these bonds do not assume any project-related risks.

Québec Credits Ratings

Agency Rating Outlook
Moody’s Aa2 Stable
Standard and Poor’s (S&P) AA– Stable
Fitch Ratings (Fitch) AA– Stable
DBRS Morningstar AA (low) Stable
Japan Credit Rating Agency (JCR) AAA Stable