On 3 June, Northern Territory Treasury Corporation (NTTC) (Aa3) launched a minimum A$50 million (US$34.8 million) increase to its April 2033 line. Indicative price guidance for the forthcoming deal is 132 basis points area over 10-year futures contract, equivalent to 117.5 basis points area over Australian Commonwealth government bond. Pricing is expected on the day after launch, according to sole lead manager UBS.