On August 18 New South Wales Treasury Corporation (TCorp) (AAA/Aaa) priced its biggest-ever single transaction inflation-linked bond. The A$800 million (US$661 million) 3.75 per cent November 2020 capital-indexed bond priced with an outright real yield of 3.75 per cent on a bookbuild basis, with J.P. Morgan as sole bookrunner.
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