Investor Presentaiton
QTC's 2022-23 indicative term debt borrowing program
Following the Queensland
2023-24 State Budget released
on 13 June 2023, QTC estimates
it will borrow AUD15.5 billion of
term debt in the 2023-24
financial year.
■ AUD89 billion capital program
over the next four years.
■ In addition to the total term
debt requirement, QTC expects
to maintain a minimum of
approximately AUD5.0 billion.
of short-term debt.
Requirements
State²
2023-24
2024-25
AUD M¹
AUD M¹
2025-26
AUD M¹
2026-27
AUD M¹
6,600
13,100
13,600
14,800
Local Government and other
entities³
1,400
1,200
1,000
700
Total new money
8,000
14,300
14,600
15,500
Net term debt refinancing4
7,500
8,400
9,800
11,400
Total term debt requirement
15,500
22,700
24,400
26,900
As at 13 June 2023.
1 Numbers are rounded to the nearest AUD100 million.
2 Includes general government and government-owned corporations.
3 Other entities include: universities, grammar schools, retail water entities and water boards.
4 Includes term debt maturities, net issuance undertaken in advance of borrowing requirements and scheduled client principal repayments.
Note: Funding activity may vary depending upon actual client requirements, the State's fiscal position and financial market conditions.
QTC
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