On 12 November, South Australian Government Financing Authority (SAFA) (AA+/Aa1) revised the price guidance for its May 2028 select line syndicated tap to 48-49 basis points over the 10-year futures contract, having launched with a guidance range of 48-50 basis points earlier in the day. The issuer also reveals that bids for the deal – which is capped at A$1 billion (US$721.5 million) – are currently in excess of A$1.48 billion.