Newsrelease

February 18, 1999
Edmonton, Alberta

Government Borrowing

The Alberta Government borrowed US$300 million today in the European financial market. This three-year issue with a 5.25 per cent 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
Director of Communications
Alberta Treasury
(780) 427-5364

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