Investor Presentaiton
2023-24 FUNDING STRATEGY
Target $4-4.5 billion in even year Fixed Rate Select Lines, $3-3.5 billion in
odd year lines via a combination of fixed and floating rate lines
Will not issue into 2023, 2024, 2025, 2026 or 2027 fixed rate lines, or 2025
floating rate line
Maintain $3-3.5 billion in short term funding programs
Refinance the April 2025 Fixed Rate and June 2025 Floating Rate lines in
accordance with liquidity policy
Consider opportunities to issue longer dated
non-benchmark lines out to 30 years
Issue a new May 2029 fixed rate line
•
Tap the May 2038 line
COMPLETED
Refinancing of the August
2024 Fixed Rate Select Line
Tapped the 2032 and 2034
Fixed Rate Select Lines
Issued a new June 2029
Floating Rate line
Have issued $2.06 billion
face value / $1.80 billion
cash value of debt FY to
date (35%)
SAFA
South Australian
Government
Financing Authority
SOUTH
AUSTRALIA
SOUTH
AUST
IT
RAL
Government of
South AustraliaView entire presentation