Despite facing a significantly smaller funding task for the 2009/10 financial year than its peers in New South Wales (NSW) and Queensland, Treasury Corporation of Victoria (TCV) (AAA/Aaa/AAA) followed those states' lead by launching its first benchmark bond deal to be placed via syndication on September 1. Pricing on TCV's 6.25 per cent June 2020 line is expected on September 2.
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