On 17 November, New South Wales Treasury Corporation (TCorp) revealed a total funding task for financial year 2020/21 of A$35.8 billion (US$26.2 billion), including A$32 billion of new client loans, following the release of the New South Wales state government budget earlier the same day (see table). TCorp expects its total borrowing requirement for 2021/22 to fall to A$28.2 billion.