Quebec launches 10-year Kangaroo benchmark

Tuesday, 27 May 2025

Disclosure type: launch
Issuer name: Province of Quebec
Issuer rating: A+/Aa2/AA-
Announcement date: 27 May 2025
Expected pricing date: ND
Expected settlement date: 4 June 2022
Lead managers: Deutsche Bank, RBC Capital Markets, TD Securities

Transaction type: senior-unsecured Kangaroo bond
Currency: AUD
Indicative volume: benchmark
Tenor: 10 years
Coupon type: fixed
Price guidance: 108bp/s-q swap, equivalent to 82.5bp/June 2035 ACGB