Order in Council No. 637‑2023 (in French only) of March 29, 2023 sets the criteria for fixing the fees applicable to loans granted by the Financing Fund.
The interest rate corresponds to the average rate for 3‑month Québec Treasury bills, plus 2 basis points. The rate before increase is published on the Québec Treasury bill auction site.
The interest rate is determined on each auction date. It applies from the following day to the next auction date.
The interest rate corresponds to the interest rate of the advance granted to the Financing Fund to carry out the financing.
Order in Council No. 511‑2022 (in French only) of March 23, 2022 sets out the terms and conditions for advances granted to the Financing Fund.
Issuance and service fees applicable to loans granted by the Financing Fund are shown in the fee schedule: of the Financing Fund.