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SAFA passed on government guarantee

This is a discussion on SAFA passed on government guarantee within the 2009 Q3 News Headlines forums, part of the 2009 News category; The South Australian Government Financing Authority (rated AAA) launched and priced a A$500 million bond on Friday. The bond, which comes without a Commonwealth government guarantee and matures in April ...


 
 
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Old 31st August 2009, 11:03 AM   #1
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Post SAFA passed on government guarantee

The South Australian Government Financing Authority (rated AAA) launched and priced a A$500 million bond on Friday. The bond, which comes without a Commonwealth government guarantee and matures in April 2015, priced at a margin of 68 basis points over Commonwealth bonds and 12 bps over swaps.

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