Euro Medium Term Notes

TCorp maintains a US$10,000,000,000 Euro Medium Term Note programme to access funding from offshore capital markets.

TCorp’s Euro Medium Term Note Programme has become highly effective at issuing all types of debt securities in many currencies with a broad maturity range. In recent years, TCorp has been one of the most active issuers in the EMTN market, and the programme limit has been increased to accommodate demand from investors.

Issuance

The programme’s fiscal agent is located in London, but the programme is utilised for issuing in capital markets worldwide. This includes Japan and the broad Euro market, which is extending to Asia. An appointed panel of dealers conducts issuance. For further information, including selling restrictions, please contact TCorp or an EMTN panel member for an Information Memorandum. See Dealer Panels.

Issuer	New South Wales Treasury Corporation
Guarantor	The Crown in Right of New South Wales
Rating	Standard & Poor's: - AAA ($A) - AAA (Foreign Currency) Moody's Investors Service: - Aaa ($A) -Aaa (Foreign Currency)
Fiscal Agent and Principal Paying Agent	Citibank, N.A., London
Paying Agent	Banque Internationale, a Luxembourg Société Anonyme
Maturities	Flexible
Currencies	Australian Dollars US Dollars Sterling Yen Euro Hong Kong Dollars Other currencies subject to national regulations
Listing	The Pricing supplement for each issue will state whether the notes are listed. If so, they will only be listed on the London Stock Exchange.
Information Memorandum	Euro Medium Tem Note Information Memorandum