Provincial outpouring with Quebec in 10s, Ontario in fives
The Province of Quebec will price a 10 year dollar bond this afternoon in the mid-swaps plus 60bp area. It is the borrower’s first dollar issue since August 2011 when it issued a $1.4bn August 2021 maturity, and follows a Sfr250m 1.125% February 2023 transaction launched by the province last week.
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