Alberta launches minimum A$50 million increase to December 2026 Kangaroo

On 19 January, Province of Alberta (Alberta) (A+/Aa1) launched a minimum A$50 million (US$40.1 million) increase to its December 2026 Kangaroo bond, via RBC Capital Markets. The forthcoming transaction is being marketed at 56 basis points area over semi-quarterly swap and 62.75 basis points area over Australian Commonwealth government bond. The deal will price on the day of launch.