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Ministère des Finances

Ministère des Finances

Long-standing Presence on International Markets

Québec’s presence on international financial markets dates back to 1874 in London and 1879 in New York. On the latter market, Québec was the first foreign borrower.

The Québec government was also the second foreign government to borrow in yen.

In addition, Québec was the first Canadian province to issue a loan in euros, starting on January 11, 1999, 11 days after the creation of this currency.

Québec made its first euro benchmark issue in June 2001.

Dates of first Québec bond issues

Currency Year
Pound sterling 1874
American dollar 1879
German mark 1968
Yen, French franc, Swiss franc 1972
Italian lira 1991
Dutch guilder 1992
Spanish peseta 1997
Swedish crown, Luxembourg franc 1998
Euro 1999
Australian dollar 2001
New Zealand dollar 2005
Mexican peso 2006
Hong Kong dollar 2007