NTTC launches long nine-year syndicated domestic benchmark deal

On 22 July, Northern Territory Treasury Corporation (NTTC) (Aa3) launched a new, May 2029, syndicated Australian dollar denominated benchmark transaction. Indicative price guidance for the forthcoming deal is 77-80 basis points area over the 10-year futures contract, equivalent to 77.8-80.8 basis points area over Australian Commonwealth government bond.