RAJ REPORT

Queensland Credit rating will go DOWN , DEBT and INTEREST payments will go UP after the first LABOR BUDGET——-The Grandchildren can pay it off

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QTC’s credit ratings

Long–term Short–term Outlook
Local currency
Moody’s Aa1 P-1 negative
Standard & Poor’s AA+ A-1+ stable
Foreign currency
Moody’s Aa1 P-1 negative
Standard & Poor’s AA+ A-1+ stable
Australian Government Guaranteed
Moody’s Aaa N/A stable
Standard & Poor’s AAA N/A stable
  • Selected AUD domestic and global denominated benchmark bond lines issued by QTC, are guaranteed by the Australian Government and carry a AAA/Aaa credit rating by Standard and Poor’s and Moody’s Investors Service respectively.
  • On the 7 February 2010, the Australian Government announced the withdrawal of its guarantee on the state and territory Australian dollar denominated term debt from 31 December 2010.
  • The selected QTC bonds lines, covered by the Australian Government Guarantee, continue to be guaranteed until maturity or retirement.

 Read more

QTC’s credit rating reviews, by Standard & Poor’s and Moody’s, are typically conducted between July and October each year.

 

 

Credit ratings.

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