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NSW Treasury Corporation - Benchmark Bond Tender, 18 September 09NSW Treasury Corporation Benchmark Bond Tender
Release date:18 Sep 2009 New South Wales Treasury Corporation (TCorp) will tender A$150m of the 6.0% 1 April 2019 domestic benchmark hotstock today 18September 2009 at 10.00am.
Bids will be accepted in Exchange for Physical (EFP) format, as a margin against the December 10 Year Bond Futures contract. Bids will be received from the dealer group via the Yieldbroker Auction System between 9:45am and 10.00am AEST. Bids must be for a minimum face value of $1m and multiples of $1 million thereafter and can be made in quarter basis point increments.
Settlement will occur on Wednesday 23 September 2009.
Results of the tender will be posted via Yieldbroker and subsequently reported on Bloomberg NSWT6 and Reuters TCOV.
For further information please contact Michael Allen, General Manager Treasury on (02) 9325 -9288.
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