Manitoba launches August 2028 Kangaroo tap
- Friday, 20 April 2018
Province of Manitoba (Manitoba) (A+/Aa2) launched a minimum A$50 million (US$38.6 million) tap of its August 2028 Kangaroo bond on 20 April. The forthcoming deal, expected to price on the day of launch, is being marketed at 52 basis points area over semi-quarterly swap and 57 basis points area over Australian Commonwealth government bond. RBC Capital Markets is lead manager.
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