LGFV prints A$100 million in its second domestic deal

The Local Government Funding Vehicle (LGFV) (Aa2) priced a new, 10-year Australian dollar transaction on June 17, with pricing at 145 basis points over semi-quarterly swap. This is the tight end of the initial 145-150 basis points over semi-quarterly swap guidance range that was provided to the market ahead of pricing on June 10.