QTC funding sources by instrument
AUD benchmark bonds are complemented by a range of diverse funding instruments with maturities from seven days to 30 years
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.
Short-term and long-term facilities
QTC has established onshore and offshore funding instruments to enable access to funds when required.
| Facility | Size $M | Maturities | Currencies |
|---|---|---|---|
| AUD Bond | Unlimited | 13 benchmark lines: 2022–2034 A range of non-benchmark lines (eg, Green Bonds, FRNs etc) | AUD |
| AUD Bond | Unlimited | 3 QTC Green Bond lines: 2024, 2029 and 2031 | AUD |
| AUD Bond | Unlimited | 1 capital indexed bond: 2030 | AUD |
| AUD Bond | Unlimited | 4 floating rate notes: 2022, 2023, 2024 and 2027 | AUD |
| AUD Bond | Unlimited | 4 AUD non-benchmark lines: 2040, 2041, 2047 and 2050 | 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 |
| Facility | Size $M | Maturities | Currencies |
|---|---|---|---|
| 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 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.