NTTC launches April 2033 syndicated tap
- Monday, 16 November 2020
On 16 November, Northern Territory Treasury Corporation (NTTC) (Aa3) launched a syndicated tap of its April 2033 benchmark bond via UBS as lead manager. The increase is expected to be A$100-150 million (US$72.8-109.1 million) and is being marketed at 87 basis points over EFP, equivalent to 73.7 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch.
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