Lower term-funding requirement for TCorp as NSW asset sales shape direction
- Thursday, 19 June 2014
The term-funding requirement in New South Wales Treasury Corporation (TCorp)'s FY 2014/15 borrowing programme, released on June 18 following the New South Wales (NSW) state budget, is A$2.5 billion (US$2.33 billion) lower than previous expectations. The progress of the state's asset-sale plan will further shape the future direction of state finances, including TCorp's funding strategy.
