QTC nets A$750 million in its debut green bond

On 14 March, Queensland Treasury Corporation (QTC) (AA+/Aa1) priced an upsized March 2024-maturity, 144A-eligible green bond transaction. The deal was increased from A$500 million (US$378.1 million) at launch. Joint lead managers ANZ, Bank of America Merrill Lynch and National Australia Bank led the deal, pre-issuance for which was issued under the Climate Bonds Standard by the Climate Bonds Standards Board of the Climate Bonds Initiative.