QTC adds A$750 million to is 2027 bond

Thursday, 06 July 2017

Issuer name: Queensland Treasury Corporation
Issuer rating: AA+/Aa1
Issue rating: as issuer
Pricing date: 6 July 2017
Settlement date: 13 July 2017
Maturity date: 20 August 2027
Lead managers: Deutsche Bank, UBS, Westpac Institutional Bank

Volume: A$750 million (US$569.9 million)
Total outstanding in this line: A$3.295 billion
Coupon type: fixed
Coupon rate: 2.75%
Issue/re-offer price: 96.518% (plus 1.086% accrued)
Issue yield: 3.155%
Margin to ACGB: 58.5bp/Apr 2027