SAFA revises price guidance for May 2030 syndicated deal

On 12 February, South Australian Government Financing Authority (SAFA) (AA+/Aa1) revised price guidance for its new May 2030 select line transaction to 75 basis points over EFP, equivalent to 72.4 basis points over Australian Commonwealth government bond. The syndicated transaction launched earlier the same day, with indicative price guidance in the area of 75-77 basis points over EFP.