TCorp announces oversized borrowing programme

The semi-government authority will raise A$7.6 billion in debt in the next 12 months, including about A$3 billion from Japanese investors.
May 24, 2005

The NSW Treasury Corporation has announced an A$7.6 billion ($5.77 billion) borrowing programme for the 2005/2006 financial year. The programme is larger than usual due to the maturity of a May 06 benchmark bond worth A$5.2 billion.

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