Fédération des caisses Desjardins du Québec issues a EUR€750M Fixed Rate Canadian Legislative Covered Bond (Series CBL31), due 29 May 2030, backed by Canadian residential mortgages

On May 29, 2025, Fédération des caisses Desjardins du Québec (FCDQ) issued a EUR €750 million Fixed Rate Canadian Legislative Covered Bond (Series CBL31), due 29 May 2030, backed by Canadian residential mortgages and guaranteed by CCDQ Covered Bond (Legislative) Guarantor Limited Partnership.
FCDQ, headquartered in Montreal, Quebec, is a component of the Desjardins Group, the largest federation of credit unions in North America.
McCarthy Tétrault advised FCDQ with a team led by Marc MacMullin that included Krystel Ametepeh, Tina Benson, Candace Pallone, Tamas Toezser, Jean-Jerry Anty and Antoine Lebrun (Business).