The commitment of Ville de Québec’s financing partners enables it to carry out many projects at a lower cost.

Funding strategy and borrowing requirements

• Serial bonds with a maturity structure of 1 to 5 years, and a 10-year tranche
• Four issues each year through competitive bidding in the Canadian bond market
• Annual borrowing program of approximately $295 M from 2025 to 2029
• Issue size between $70 M and $100 M

Borrowing Requirements ($M)

2025-2029: Forecasts

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