On March 6 Queensland Treasury Corporation (QTC) (AA+/Aa1) priced a syndicated increase to its July 2024 benchmark bond, having upsized the issue to A$750 million (US$771.9 million) from an indicative A$500 million at launch the previous day. According to QTC data, the line in question had by March 1 already grown to A$3.3 billion through tenders subsequent to the A$1 billion it issued in the original bookbuild.