As of 12 February 2019
Following the Queensland 2018-19 Mid-Year Fiscal and Economic Review, QTC’s borrowing estimate remains unchanged at AUD8 billion of term debt in the 2018-19 financial year.
2018-19 indicative term-debt borrowing program requirements
|Requirements||2018-19 Mid-Year AUDm1||2018-19 Budget AUDm1|
|Local Government and other entities2||700||700|
|Total new money||1,200||1,200|
|Term debt maturities||9,800||9,800|
|Net funding in advance3||(3,000)||(3,000)|
|Net term debt refinancing||6,800||6,800|
|Total term debt requirements||8,000||8,000|
The total indicative term debt requirement for 2018-19 fiscal year is AUD8 billion, based on the 2018-19 Queensland State budget and term debt refinancing.
In addition to the total term debt requirement, QTC expects to maintain a minimum of approximately AUD5 billion of short-term debt throughout the fiscal year.