Funding overview
QTC employs a prudent and conservative risk management approach in all borrowing and on-lending activities, with a balanced debt maturity profile supported by liquid reserves
QTC undertakes comprehensive, regular market and investor updates through its roadshow program to ensure all markets sectors are kept informed on Queensland’s economic and fiscal position. Borrowing Program updates are provided half-yearly. QTC is committed to maintaining valued long-term investor and intermediary relationships.
QTC’s global approach to borrowing and whole-of-State focus, together with its AA+ credit rating, means that QTC is able to capture significant economies of scale and scope in the issuance, management and administration of debt. This approach to raising funds enables QTC to diversify the source of funding (geographic region, legal jurisdiction, currency and investor type), the term of funding (with maturities ranging from seven days to 30 years) and access the lowest borrowing cost available at any particular time.
QTC has established onshore and offshore funding facilities to enable access to funds when required, notwithstanding adverse conditions that may prevail in particular markets from time to time.
Global $A Bond and Euro MTN facilities are admitted to trading on the regulated market of the Luxembourg Stock Exchange (the LuxSE) and listed on the Official List of the LuxSE. QTC has chosen Luxembourg as its 'home member state' within the European Union in respect of its Global $A Bond and Euro MTN facilities.