QTC funding sources by facility
QTC maintains a diversified global focus to meet its funding requirements. $A Bond and Euro MTN facilities are admitted to trading on the regulated market of the Luxembourg Stock Exchange (the LuxSE) and listed on the Official List of the LuxSE. QTC has chosen Luxembourg as its ‘home member state’ within the European Union in respect of its Global $A Bond and Euro MTN facilities.
Note: Chart values are AUD face value millons and rounded to nearest million.
Short-term and long-term facilities
QTC has established onshore and offshore funding facilities to enable access to funds when required.
|AUD Bond||Unlimited||13 benchmark lines: 2019-2030 and 2033||AUD|
|AUD Bond||Unlimited||2 AGG* lines: 2019 and 2021||AUD|
|AUD Bond||Unlimited||2 QTC Green Bond lines: 2024 and 2029||AUD|
|AUD Bond||Unlimited||1 capital indexed bond: 2030||AUD|
|AUD Bond||Unlimited||2 floating rate notes: 2022 and 2023||AUD|
|AUD Bond||Unlimited||1 AUD non-benchmark line: 2047||AUD|
|Multi-currency Euro MTN||USD 10,000||Any maturity subject to market regulations||Multi-currency|
|Multi-currency US MTN||USD 10,000||9 months - 30 years||Multi-currency|
|Domestic T-Note||Unlimited||7 - 365 days||AUD|
|Euro CP||USD 10,000||1 - 364 days||Multi-currency|
|US CP||USD 10,000||1 - 270 days||USD|
Funding sources by investor location
QTC takes a conservative risk management approach in all its borrowing and on-lending activities, with a balanced debt maturity profile supported by liquid reserves. QTC undertakes comprehensive, regular market and investor updates through its roadshow program to ensure all markets sectors are kept informed on Queensland’s economic and fiscal position. QTC is committed to maintaining valued long-term investor and intermediary relationships. QTC’s domestic and global investors include central banks and other sovereign investors, multi-national finance, superannuation and investment corporations, and major domestic and international banks. Approximately 30 per cent of QTC’s funding is sourced from offshore based investors.