Queensland Treasury Corporation (QTC) (AA+/Aa1) printed a syndicated tap to its August 2027 benchmark on February 9, in the first syndicated deal pricing from an Australian state treasury corporation this year. The tap was upsized from minimum volume of A$500 million (US$381.3 million) and added to a line that had A$1.5 billion on issue at the end of 2016 according to QTC data.
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