Treasury Corporation of Victoria (TCV) (AAA/Aaa) launched a new domestic, 11-year, syndicated, benchmark transaction on 31 August. Indicative price guidance for the forthcoming deal is 53-56 basis points area over 10-year futures contract, equivalent to 44.5-47.5 basis points area over Australian Commonwealth government bond. Pricing is expected on the day after launch, according to joint lead managers ANZ, Commonwealth Bank of Australia, National Australia Bank and UBS.