Credit ratings

QTC is rated AA+/A-1+/Stable and Aa1/P-1/Negative from Standard & Poor’s and Moody’s respectively. Credit rating reviews are typically conducted between July and October each year.

Local currency
Moody’s
  • Long-term Aa1
  • Short-term P-1
  • Outlook negative
Standard & Poor’s
  • Long-term AA+
  • Short-term A-1+
  • Outlook stable
Foreign currency
Moody’s
  • Long-term Aa1
  • Short-term P-1
  • Outlook negative
Standard & Poor’s
  • Long-term AA+
  • Short-term A-1+
  • Outlook stable
Australian Government Guaranteed
Moody’s
  • Long-term Aaa
  • Short-term N/A
  • Outlook stable
Standard & Poor’s
  • Long-term AAA
  • Short-term N/A
  • Outlook negative

Credit rating for QTC's Australian Government Guaranteed bonds

  • Selected AUD domestic and global denominated benchmark bond lines issued by QTC, are guaranteed by the Australian Government and carry a AAA/Aaa credit rating by Standard and Poor’s and Moody’s Investors Service respectively.
  • On the 7 February 2010, the Australian Government announced the withdrawal of its guarantee on the state and territory Australian dollar denominated term debt from 31 December 2010.