SAFA prices its final select line issue of 2011/12 in line with expectations
- Tuesday, 03 April 2012
The margin on South Australian Government Financing Authority (SAFA)'s (AAA/Aaa) new August 2019 benchmark select line, which priced on April 4, was in line with analyst predictions at 31 basis points over semi-semi swap or 113 basis points over Commonwealth government securities. SAFA sold A$750 million (US$770.3 million) in the new line's tender – the upper end of a A$600-750 million volume range.
