Alberta to tap April 2028 Kangaroo

Province of Alberta (A+/Aa1/AA) launched a minimum A$50 million (US$35.7 million) increase to its April 2028 Kangaroo bond on 23 January, with price guidance of 64 basis points area over semi-quarterly swap and 72 basis points area over Australian Commonwealth government bond. The tap will price on the same day as launch via ANZ.