QTC’s 2014-15 term debt borrowing program
Local Government and other entities#
Total new money
Net term debt refinancing
|Total term debt requirement||7,000|
* Numbers are rounded to the nearest $100 million
# Other entities include: universities, grammar schools, retail water entities and water boards.
Note: Funding activity may vary depending upon actual client requirements, the State’s fiscal position and financial market conditions.
The total term debt requirement for 2014-15 fiscal year is $7 billion.
As at 31 March 2015, QTC had completed its 2014-15 term debt borrowing program.
In addition to the total term debt requirement, QTC expects to maintain $5 billion in short-term debt throughout the fiscal year.
QTC’s annual term debt borrowing programs (actual and forecast*),
as at 31 March 2015