NHFIC launches 10.5-year domestic social bond

National Housing Finance and Investment Corporation (NHFIC) (AAA by S&P) launched a new 10.5-year, Australian dollar denominated social bond on 18 November. Indicative price guidance for the forthcoming deal is 42 basis points area over the 10-year futures contract, equivalent to 40.9 basis points area over Australian Commonwealth government bond.