On 11 April, Province of Quebec (Quebec) (AA-/Aa2/AA-) launched a new, indicative A$65 million (US$46.6 million) Kangaroo bond, due October 2029, via RBC Capital Markets and TD Securities. The forthcoming deal is being marketed in the area of 62 basis points over semi-quarterly swap and 80 basis points over Australian Commonwealth government bond. Pricing is expected on the day of launch.