NTTC funding requirement steps down but keeps it in busy territory

Northern Territory Treasury Corporation (NTTC) has revealed an estimated borrowing programme for the 2019/20 financial year of A$1.1 billion (US$771.4 million). The requirement is a step down from NTTC’s A$1.75 billion requirement in the 2018/19 financial year, reflecting a lower level of maturing debt, but remains elevated compared with historical funding requirements.

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