ACT launches 11.5-year benchmark bond

Disclosure type: launch
Issuer name: Australian Capital Territory
Issuer rating: AAA
Expected issue rating: as issuer
Announcement date: 15 February 2023
Expected pricing date: "on or before 16 February 2023, subject to market conditions".
Lead managers: ANZ, Commonwealth Bank of Australia, National Australia Bank, UBS

Transaction type: senior-unsecured
Currency: AUD
Indicative volume: benchmark
Maturity date: 23 October 2034
Coupon type: fixed
Price guidance: 85-89bp/ 10-year futures contract, or 80.6-84.6bp/ May 2034 ACGB