Funding facilities

QTC has a diverse range of funding facilities in a variety of markets, currencies and with various terms to maturity. Most of QTC’s funding, which is undertaken to meet its public sector clients’ borrowing requirements and to refinance existing debt, is sourced through its long-term debt facilities. QTC’s AUD benchmark bonds are its primary source of funding and QTC issues into existing lines by tap, tender and reverse enquiry.

Diverse range of funding facilities

QTC funding sources by facility
AUD benchmark bonds are complemented by diverse funding instruments with maturities from seven days to 30 years

Chart loading...

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 Euro MTN facilities.

*AGG – Australian Government Guaranteed. Data as at 30 June 2020

Short-term and long-term facilities

QTC has established onshore and offshore funding facilities to enable access to funds when required.

FacilitySize $MMaturitiesCurrencies
AUD BondUnlimited13 benchmark lines: 2020-2031 and 2033AUD
AUD BondUnlimited1 AGG* line: 2021AUD
AUD BondUnlimited2 QTC Green Bond lines: 2024 and 2029AUD
AUD BondUnlimited1 capital indexed bond: 2030AUD
AUD BondUnlimited3 floating rate notes: 2022, 2023 and 2024AUD
AUD BondUnlimited3 AUD non-benchmark lines: 2040, 2041 and 2047AUD
Multi-currency Euro MTNUSD 10,000Any maturity subject to market regulationsMulti-currency
Multi-currency US MTNUSD 10,0009 months - 30 yearsMulti-currency
FacilitySize $MMaturitiesCurrencies
Domestic T-NoteUnlimited7 - 365 daysAUD
Euro CPUSD 10,0001 - 364 daysMulti-currency
US CPUSD 10,0001 - 270 daysUSD

The funding facilities listed are supplemented with public issues and private placements.
*AGG – Australian Government Guaranteed. Data as at 30 June 2020

Funding approach

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 investor relations and 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.

THIS WEBPAGE IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES. This webpage does not constitute an offer of any securities for sale into the United States. QTC bonds will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.