At A$3 billion (US$2.3 billion), Queensland Treasury Corporation (QTC)’s latest deal is the largest syndicated transaction from a semi-government borrower in a decade. The issuer says recent primary-market transactions in the government space suggested a receptive backdrop for new issuance following volatility in secondary markets earlier in the year.
HIGH-GRADE ISSUERS YEARBOOK 2021
The ultimate guide to Australian and New Zealand government-sector borrowers.