On 29 January, Queensland Treasury Corporation (QTC) (AA+/Aa1) launched a new, syndicated domestic floating-rate note (FRN) transaction, due February 2023. The forthcoming deal has indicative price guidance of 20-22 basis points area over three-month BBSW and is 144a eligible. Pricing is expected on or before the day after launch, according to lead managers ANZ and Commonwealth Bank of Australia.