QTC prices Australia's first syndicated semi-government deal of 2016 [UPDATED]

Queensland Treasury Corporation (QTC) (AA+/Aa1) priced a syndicated increase to its 2026 benchmark bond on July 28. The deal is the first semi-government syndication priced in Australia this year, although it follows the issue via bookbuild of A$4.6 billion (US$3.2 billion) of new 2027 maturity bonds by the Australian Office of Financial Management on January 20.