QTC issues $1.75bn 2026 benchmark bond

27 October 2015

 

Queensland Treasury Corporation today priced a new benchmark 11 year bond. The new bond will mature in October 2026 and pay a semi-annual coupon of 3.25%pa. The size of the issue was $1.75 billion and they carry an AA+ (stable) rating from Standard & Poor’s and a Aa1 (negative) rating from Moody’s. The bonds will go part of the way to re-finance QTC’s $4.022 billion October 2015 bond that matured...

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