NTTC launches November 2042 syndicated tap

On 14 April, Northern Territory Treasury Corporation (NTTC) (Aa3) launched a syndicated increase to its November 2042 line. Indicative price guidance for the deal is a yield of 3.25 per cent, equivalent to 78.75 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch, according to lead manager ANZ.