ALBERTA

Newsrelease

December 8, 1998
Edmonton, Alberta

Government Borrowing

The Alberta Government borrowed $500 million today in the Canadian domestic market. This ten year bond with a 5% coupon is part of the government’s borrowing plan for the 1998-99 fiscal year and will be used to refinance maturing debt.


For further information, please contact:

Shannon Taylor
A/Director of Communications
Alberta Treasury
(780) 427-5364


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Updated by waywaa@treas.gov.ab.ca - December 8, 1998