Bond Southern Australian Finance Authority 3% ( AU3SG0001498 ) in AUD

Issuer	Southern Australian Finance Authority
Market price	98.09 % ▼
Country	Australia
ISIN code	AU3SG0001498 ( in AUD )
Interest rate	3% per year ( payment 1 time a year)
Maturity	19/07/2026
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Detailed description	The South Australian Financing Authority (SAFA) is a state-owned corporation providing financial assistance and investment to support the development of South Australia's economy, primarily through loans, loan guarantees, and equity investments in businesses and infrastructure projects. Market participants are currently evaluating the characteristics of a bond issued by the South Australian Financing Authority, an integral body responsible for managing the financial assets and liabilities of the Government of South Australia. As the central financing authority, SAFA raises funds on behalf of the state government and its public sector agencies, ensuring efficient funding for essential public services and infrastructure development across South Australia, thereby underpinning the creditworthiness of its issuances with the fiscal strength of the state. This specific fixed-income instrument, identified by ISIN AU3SG0001498, originates from Australia, is denominated in Australian Dollars (AUD), and carries a coupon interest rate of 3%, paid annually. The bond is set to mature on July 19, 2026, offering investors a medium-term exposure to the Australian sovereign-related credit. As of the latest market pricing, the bond is trading at 98.09% of its par value, reflecting its current valuation in the market.