Domestic demand drives new QTC benchmark but US interest intrigues
- Saturday, 04 August 2012
Although the domestic bid – supported by interest from Asia – dominated the book in the return of Queensland Treasury Corporation (QTC) to the syndicated benchmark market, issuer and leads say the addition of a 144A capability to QTC's benchmark programme also attracted interest from US investors. The treasury corporation placed a new 2019 bond via a A$1.65 billion (US$1.7 billion) bookbuild on August 1.
