TCorp's new 2016 gets double oversubscription at tight pricing
- Wednesday, 17 March 2010
The new April 2016 benchmark line priced by New South Wales Treasury Corporation (TCorp) on March 17 saw nearly twice as much demand in its book than the A$1 billion (US$918.5 million) final deal size. The deal came in towards the tighter end of its indicative pricing range and just inside levels predicted by analysts at launch a day earlier.