On 22 January, Province of Manitoba (Manitoba) (A+/Aa2) launched a minimum A$30 million (US$21.5 million) increase to its August 2028 Kangaroo bond, via TD Securities. The forthcoming deal has indicative price guidance in the area of 61 basis points over semi-quarterly swap and 71.5 basis points over Australian Commonwealth government bond. Pricing is expected on the day of launch.
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