Northern Territory Treasury Corporation (NTTC) (Aa3) launched a minimum A$100 million (US$65.5 million), syndicated increase to its existing May 2030 line on 11 May. Indicative price guidance for the forthcoming deal is 87-90 basis points area over futures contract, equivalent to 86.25-89.25 basis points area over Australian Commonwealth government bond. Pricing is expected on the day after launch, according to lead manager UBS.