As at 31 January 2018, QTC completed its 2017-18 term-debt borrowing program of AUD7 billion.
In accordance with its funding approach, QTC will monitor and consider opportunities for pre-funding during the remainder of the financial year.
2017-18 indicative term-debt borrowing program requirements
|Requirements||2017-18 BudgetnAUD m*||2017-18 MYFERnAUD m*|
|Local Government and other entities#||600||600|
|Total new money||600||800|
|Net term debt refinancing||6,200||6,200|
|Total term debt requirement||6,800||7,000|
The total term debt requirement for 2017-18 fiscal year is $7 billion.
In addition to the total term debt requirement, QTC expects to maintain $5 billion in short-term debt throughout the fiscal year.