New South Wales Treasury Corporation (TCorp) (AAA/Aaa) launched a new minimum A$100 million (US$76.8 million), 20-year syndicated deal on 10 November, via UBS. Indicative price guidance is 51 basis points area over the April 2037 Australian Commonwealth government bond and 97.5 basis points area over the 10-year futures contract. Pricing is expected on day of launch.