ACT launches 12-year domestic syndicated benchmark deal
- Tuesday, 15 October 2019
On 15 October, Australian Capital Territory (ACT) (AAA by S&P) launched a 12-year, Australian dollar denominated syndicated benchmark transaction. Indicative price guidance for the forthcoming deal, which is expected to price on the day after launch, is 76-80 basis points area over the 10-years future contract, equivalent to 71.3-75.3 basis points area over Australian Commonwealth government bond.
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