Alberta launches April 2028 Kangaroo tap

On 7 December, Province of Alberta (Alberta) (A+/A1) launched an indicative minimum A$50 million (US$37.8 million) tap to its April 2028 Kangaroo, via TD Securities. The forthcoming transaction has price guidance of 60 basis points area over semi-quarterly swap and 62.75 basis points area over Australian Commonwealth government bond. Pricing will occur on the day of launch.