The margin over government bonds paid by Treasury Corporation of Victoria (TCV) (AAA/Aaa) in the October 13 tender of its new December 2024 benchmark line was marginally wider than levels predicted by analysts in advance of the listing. TCV placed a total of A$755 million (US$743.7 million) of the new bond, A$512 million in an initial tender and a further A$243 million through a consolidation of outstanding lines dated beyond 2018.