QTC adds to semi syndication flow with new 2017 FRN pricing [UPDATED]
- Tuesday, 25 February 2014
Queensland Treasury Corporation (QTC) (AA+/A1) priced a new three-year floating-rate note (FRN) syndicated transaction in the domestic market on February 25. According to KangaNews data, QTC priced its previous syndicated transaction on October 31 last year, a three-year FRN with a volume of A$500 million (US$451.1 million) and pricing of 6.5 basis points over bank bill swap rate.
