Pre-funding keeps TCorp's 2010/11 requirement down

Substantial pre-funding by New South Wales Treasury Corporation (TCorp) (AAA/Aaa) in the 2009/10 financial year – thanks to what the agency calls "a lower than forecast client net new funding requirement and favourable funding market opportunities" during the year – have helped keep its funding requirement for 2010/11 in line with that of 2009/10.