On 15 January, Tasmanian Public Finance Corporation (Tascorp) (AA+/Aa2) launched a 10-year syndicated benchmark transaction. The forthcoming deal is being marketed at 54-57 basis points over the 10-year futures contract and 57.5-60.5 basis points area over Australian Commonwealth government bond. Pricing is expected on the day after launch, according to lead managers ANZ, Commonwealth Bank of Australia and Deutsche Bank.