TCV launches October 2028 syndicated increase

Treasury Corporation of Victoria (TCV) (AAA/Aaa) launched a syndicated increase to its October 2028 line on 5 September. Indicative price guidance for the forthcoming deal is 35-37 basis points area over the 10-year futures contract and 35-37 basis points area over Australian Commonwealth government bond. Pricing is expected on the day after launch, according to lead managers ANZ, Citi and UBS.