TCorp taking IOIs for February 2038 benchmark bond tap and 2025 Buyback
- Wednesday, 28 May 2025
Disclosure type: IOI
Issuer name: New South Wales Treasury Corporation
Issuer rating: AA+/Aaa/AAA
Announcement date: 28 May 2025
Expected pricing date: near feature
Lead managers: BofA Securities, UBS, Westpac Institutional Bank
Transaction type: senior-unsecured bond tap
Currency: AUD
Indicative volume: benchmark
Maturity date: 24 February 2038
Coupon rate: 5.25%
Price guidance: 100-103BP/EFP
November 2025 buyback
Bond: 20 November 2025 Capital Indexed Bond
Coupon: 2.75%
Volume: ND
Real yield: 1.25-1.3%
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