QTC closes syndicated 2017 issue with four-times oversubscription
- Friday, 30 November 2012
The new 2017 maturity issue priced on November 30 by Queensland Treasury Corporation (QTC) (AA+/Aa1/AA) had final volume of A$1 billion (US$1.04 billion) but a book four times larger, the issuer tells KangaNews. QTC capped the size of the syndicated issue of the new benchmark line in accordance with its funding need for the first half of its 2012/13 budget year.
