SAFA updates price guidance on its September 2027 syndicated tap

South Australian Government Financing Authority (SAFA) (AA/Aa1) revealed updated price guidance for its September 2027 syndicated reopening on 7 June. The issuer says the book has built steadily and is now approaching A$1.2 billion (US$901.7 million) in “soft and firm” bids, with price guidance revised to 61.5 basis points over EFP from 61-62 basis points at launch and to 58.25 basis points from 57.75-58.75 basis points over Australian Commonwealth government bond.