South Australian Government Financing Authority (SAFA) (AA/Aa1) priced an increase to its November 2023 fixed-rate domestic benchmark bond on October 7. According to KangaNews data, the deal is the borrower's first syndicated tap of the line which was introduced on April 15 this year at a volume of A$450 million (US$394.6 million) and pricing of 56.25 basis points over Australian government bond.
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KangaNews is the trading name of BondNews Limited, a company registered in the UK and Australia. With our head office in Sydney and a satellite office in Europe, we are positioned to provide a one-stop information service on the Australasian fixed-income markets.
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