TCorp launches 13-year domestic syndicated benchmark deal

On 26 February, New South Wales Treasury Corporation (TCorp) (AAA/Aaa) launched a new 2% March 2033, Australian dollar denominated, syndicated, benchmark deal. Indicative price guidance for the forthcoming transaction is 68-72 basis points area over 10-year futures contract, equivalent to 59.9-63.9 basis points area over Australian Commonwealth government bond.