QTC half-way through annual term funding task by mid-year review

Queensland Treasury Corporation (QTC) revealed an unchanged annual funding task, of A$18.7 billion (US$19.7 billion) including A$13.7 billion of term debt, on January 16 following the Queensland government's mid-year fiscal and economic review in December. The treasury corporation has already issued A$7 billion of term debt, putting it almost exactly on track with its 2012/13 requirement.