Treasury Corporation of Victoria
KangaNews DCM Summit duration webinar
The development of long-dated liquidity is a massive agenda item for the Australian debt market, as sovereign issuance soars and yield at the front end stays anchored. Local and global market participants shared views on how duration has evolved internationally and what might be in store for Australia, at a November KangaNews Debt Capital Markets Summit 2020 webinar.
TCV prints A$2.025 billion tap to September 2033 line
TCV launches increase to September 2033 line
The road back
Victoria’s latest state budget outlined a significant improvement in forecast state finances following the troubled environment of the pandemic. The state’s Melbourne-based treasurer, Tim Pallas, shares his view on the outlook.
Australian government-sector issuers hold the line despite challenges
Australia’s largest sovereign and semi-government issuers say their funding tasks remain manageable despite difficult market conditions. Participants at the third annual KangaNews-Westpac Institutional Bank Australian high-grade roundtable discussed key issues including changing demand patterns and how different formats, such as floating-rate notes and sustainability issuance, can be used to weather higher volatility.
Balance sheet demand supports TCV’s record FRN
Treasury Corporation of Victoria exploited bank balance sheet demand for floating rate notes to print its largest-ever syndicated transaction in a period that has seen little of this type of issuance from semi-government names. The issuer says floating-rate supply forms part of its flexible funding strategy.
HIGH-GRADE ISSUERS YEARBOOK 2022
The ultimate guide to Australian and New Zealand government-sector borrowers.
