Demand for semis remains strong as WATC releases 2011/12 funding requirement
- Tuesday, 24 May 2011
Western Australian Treasury Corporation (WATC) (AAA/Aaa) has announced a mildly increased borrowing programme of A$16.1 billion (US$17 billion) for 2011/12 following the release of the state of Western Australia (WA)'s budget for the next financial year. WATC has no plans to issue inflation-linked bonds domestically as yet, but tells KangaNews that offshore currency issuance is gradually becoming more likely.
