New South Wales Treasury Corporation

Monday, 12 November 2018

TCorp takes Australia’s green-bond market to the next level

The scale of New South Wales (NSW)’s infrastructure task and its well-defined links with sustainable outcomes – in both the environmental and social arenas – enabled NSW Treasury Corporation (TCorp) to debut in the green-bond market with a blockbuster deal. TCorp issued A$1.8 billion (US$1.3 billion) of 10-year green bonds on 9 November.

Tuesday, 04 December 2018

KangaNews Awards 2018: winners announced

KangaNews is proud to present the winners of the institutional and deal categories in the KangaNews Awards 2017. After an extensive voting and verification process, KangaNews can confidently say its results reflect a true market view on the outstanding performers of 2017 in the Australian and New Zealand debt markets.

Wednesday, 07 November 2018

TCorp launches 10-year green bond by syndication

On 8 November, New South Wales Treasury Corporation (TCorp) (AAA/Aaa) launched a minimum A$500 million (US$364 million) green-bond transaction by syndication, due November 2028. Indicative price guidance for the forthcoming deal is 44-46 basis points over Australian Commonwealth government bond. Pricing is expected on or before 9 November, according to lead managers ANZ, Bank of America Merrill Lynch and National Australia Bank.

Sunday, 28 October 2018

TCorp plans investor meetings ahead of debut green bond

On 29 October, New South Wales Treasury Corportion (TCorp) (AAA/Aaa) revealed plans for a series of fixed-income investor meetings to be held commencing 31 October ahead of a potential debut Australian dollar green bond. National Australia Bank is structuring arranger and joint bookrunner alongside ANZ and Bank of America Merrill Lynch.

Thursday, 11 October 2018
Oct/Nov 2018

Blockchain’s potential on show

World Bank priced a historic bond using blockchain technology in Kangaroo format, on 23 August. Bond-i – the “blockchain-operated new debt instrument” – is the world’s first blockchain bond. The technology is nascent, but deal participants are confident in the security of the platform and adamant about its potential to offer increased efficiency and transparency.

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