QTC 2021/22 funding requirement down due to lower client borrowings

On 15 June, following the release of the Queensland state budget, Queensland Treasury Corporation (QTC) revealed a A$17.4 billion (US$13.4 billion) borrowing programme for the 2021/22 financial year. The requirement is A$5.2 billion lower than forecast at its 2020/21 borrowing programme release in December.