SAFA completes 2017 funding

07 June 2017

 

South Australia has left it late in the year to complete its 2016/2017 funding programme but now it is out of the way. SAFA sold $750 million September 2027s via a syndicated placement for the second transaction for this line. Total final bids were around $1.15 billion. The bonds were issued at ACGB + 58bps which is the equivalent of 61.5bps over the 10 year futures contract. When these bonds...

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