*Data current as at 15 September 2020.
Following the Queensland Government’s release of its COVID-19 Fiscal and Economic Review, Queensland Treasury Corporation estimates it will borrow AUD21 billion of term debt in the 2020–21 financial year. This is within the anticipated funding requirement of AUD19 billion to AUD22 billion, announced on 24 July 2020.
|Local Government and other entities3||1,500|
|Total new money||19,000|
|Term debt maturities||8,200|
|Net funding in advance4||(6,200)|
|Net term debt refinancing||2,000|
|Total term debt requirement||21,000|
QTC expects to maintain a minimum of approximately AUD5 billion of short-term debt outstandings.