Northern Territory Treasury Corporation (NTTC) added another long-dated point to its curve on 15 August, with a A$500 million (US$363.1 million) May 2030 syndicated transaction, via ANZ, National Australia Bank and UBS. NTTC’s Darwin-based general manager, Alex Pollon, discusses strategy as the issuer seeks to fulfil the funding requirement of the government’s capital and infrastructure commitments.
On 15 August, Northern Territory Treasury Corporation (NTTC) (Aa2) launched its new, May 2030 syndicated benchmark transaction. Indicative price guidance for the forthcoming deal is 83-86 basis points over the 10-year futures contract, equivalent to 78.25-81.25 basis points area over Australian Commonwealth government bond.
On 8 August, Northern Territory Treasury Corporation (NTTC) (Aa2) revealed plans for a benchmark syndicated transaction, in a new bond line due May 2030. The potential deal will be led by ANZ, National Australia Bank and UBS.