Page 5845 - Week 15 - Thursday, 10 December 2009

Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Debates(HTML) . . . . PDF . . . . Video

Date	Amount (face value) $’000	Interest Rate	Counterparty	Maturity Date	Note

20 July 2009	25 000	3.06%	CBA	19 Oct 2009	1
20 July 2009	21 000	3.11%	NAB	19 Oct 2009	1
20 July 2009	25 000	3.09%	NAB	19 Oct 2009	1

10 Aug 2009	70 000	3.28%	Westpac	9 Nov 2009	2
10 Aug 2009	123 000	3.30%	Macquarie	9 Nov 2009	2

19 Oct 2009	71 000	3.82%	Macquarie	19 Jan 2010	1

9 Nov 2009	25 000	3.93%	CBA	8 Feb 2010	2
9 Nov 2009	168 000	3.94%	Macquarie	8 Feb 2010	2

Note 1:

• Represents borrowings raised by the Territory and on-lent to ACTEW. Total face value equals $71 million.

• These are not new borrowings but refinancing of existing borrowings which were initially raised between 1998 and 2007.

• Borrowings are financed by issuing commercial paper, a discount security.

• The borrowings are raised for three-month terms and refinanced every three months by new commercial paper issuance.

• The counterparty is a bank appointed to the Territory’s Debt programme dealer panel who acts as the counterparty between the issuer (Territory) and the actual investor (lender).

Note 2:

• Represents borrowings raised by the Territory for general government purposes. Total face value equals $193 million.

• These are not new borrowings but refinancing of existing borrowings which were initially raised between 1990 and 1996.

• Borrowings are financed by issuing commercial paper, a discount security.

• The borrowings are raised for three-month terms and refinanced every three months by new commercial paper issuance.

• The counterparty is a bank appointed to the Territory’s Debt programme dealer panel who acts as the counterparty between the issuer (Territory) and the actual investor (lender).

Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Debates(HTML) . . . . PDF . . . . Video