TCV targets longer tenor with new 2026 bond [UPDATED]
- Wednesday, 01 June 2011
Treasury Corporation of Victoria (TCV) (AAA/Aaa) launched and priced a new November 2026 domestic transaction inside a day on June 1. The issue has a A$220 million (US$236.3 million) volume - slightly higher than the launch size of A$200 million. The deal - which was solely led by UBS Investment Bank - will extend the state funding agency's domestic curve: its longest-dated line on issue is a December 2024 maturity issued in October 2010.
