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Tuesday, 16 March 2010 10:21 |
Analysts say the new April 2016 line launched by New South Wales Treasury Corporation (TCorp) (AAA/Aaa/AAA) on March 16 should offer a margin slightly above swap to offer fair value and maximise investor interest. Marketing range for the deal is understood to be 50-55 basis points over the April 2015 Commonwealth government securities (CGS), with 51 basis points over being the equivalent of flat to semi-semi swap.
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Last Updated on Tuesday, 16 March 2010 11:12 |
