Outstandings by maturity
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Data as at 24 April 2024. Face value has been rounded to the nearest million.
*Not 144A capable.
QTC trades in its own securities in the open market. Such securities may be held, resold or cancelled at QTC’s discretion. QTC may, as a lender of last resort, stock-lend its AUD bonds to its dealer panel members from time to time under a global master repurchase agreement. Any such stock-lent bonds are not included in the outstandings above.
Key features
Government guaranteed
- All of QTC’s debt obligations under all debt securities are unconditionally guaranteed by the Queensland Government.
Liquidity support
- Secondary market activity is supported by 12 dedicated distribution group members
- Issuance via a variety of methods including syndication, tender and reverse enquiry
- Well established domestic bond market
Choice of maturities
- Principal source of funding
- Established lines with a choice of 13 maturities
Acceptability
- Determined as level 1, highest quality liquid assets (HQLA1) by Australian Prudential Regulation Authority (APRA)
- APRA applies a zero percent risk weighting to QTC
- Eligible asset for outright investment by Reserve Bank of Australia (RBA)
- Eligible collateral for repurchase agreements with RBA
- Australia is an OECD member country
- New bond lines may be offered in the US to ‘qualified institutional buyers’ pursuant to Rule 144A
Tax status
- Exempt from Australian interest withholding tax
AUD benchmark bonds on issue
| Maturity | Coupon | ISIN | Credit Rating** | Outstandings AUD million |
|---|---|---|---|---|
| 22 Jul 2024* | 5.75% | AU0000XQLQU0 | AA+/Aa1 | 6,734 |
| 21 Jul 2025 | 4.75% | AU0000XQLQZ9 | AA+/Aa1 | 8,581 |
| 21 Jul 2026 | 3.25% | AU000XQLQAA7 | AA+/Aa1 | 8,610 |
| 20 Aug 2027 | 2.75% | AU3SG0001605 | AA+/Aa1 | 8,794 |
| 21 July 2028 | 3.25% | AU000XQLQAB5 | AA+/Aa1 | 8,520 |
| 21 Aug 2029 | 3.25% | AU3SG0001860 | AA+/Aa1 | 7,635 |
| 21 Aug 2030 | 3.50% | AU3CB0248037 | AA+/Aa1 | 8,962 |
| 21 Aug 2031 | 1.75% | AU3SG0001993 | AA+/Aa1 | 7,998 |
| 20 Aug 2032 | 1.50% | AU3SG0002439 | AA+/Aa1 | 7,131 |
| 22 Aug 2033 | 2.00% | AU3CB0284172 | AA+/Aa1 | 6,131 |
| 20 July 2034 | 1.75% | AU0000079402 | AA+/Aa1 | 7,668 |
| 22 Aug 2035 | 4.50% | AU3CB0296580 | AA+/Aa1 | 3,212 |
| 21 Jul 2036 | 5.25% | AU3SG0002868 | AA+/Aa1 | 3,800 |
Data as at 24 April 2024. Face value has been rounded to the nearest million.
*Not 144A capable. **Ratings by S&P Global and Moody's Investors Service respectively. Credit ratings should not be taken as recommendations by a rating agency to buy, sell or hold securities. They may be revised, suspended or withdrawn at any time by the rating agency.
QTC trades in its own securities in the open market. Such securities may be held, resold or cancelled at QTC’s discretion. QTC may, as a lender of last resort, stock-lend its AUD bonds to its dealer panel members from time to time under a global master repurchase agreement. Any such stock-lent bonds are not included in the outstandings above.
THIS WEBPAGE IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES. This webpage does not constitute an offer of any securities for sale into the United States. QTC bonds will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.