TCorp to introduce three unguaranteed benchmarks by March [UPDATED]
- Wednesday, 24 February 2010
New South Wales Treasury Corporation (TCorp) (AAA/Aaa) is taking an aggressive approach to moving away from federal government guaranteed funding, with the issuer announcing on February 24 that it will introduce three new unguaranteed benchmark lines by the end of March. The first of these new lines, the August 2013, will be brought to market via a A$750 million (US$669.98 million) tender on February 25.
