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TCorp Home > Corporate Profile > Publications > Press Releases > CIB Increase Tender

CIB Increase Tender

Capital Index Bond Increase

Release date:19 Feb 2009

TCorp confirms its intention to issue up to a total of $100m of Capital Indexed Bonds (CIBs) on Friday 20^th February 2009. Bids are invited for the current 2.75% 20/11/2025 CIBs.

Bids will be accepted via the TCorp dealer panel on an outright real yield basis.

TCorp retains the right not to accept any bid.

Bids will be accepted by phone via the dealer panel from 10.45am to 11.00am on Friday 20^th February with results announced shortly after. Settlement will be Wednesday 25^th February 2009.

This issue is part of TCorp’s CIB Borrowing Programme as announced on 27 June 2008 of $600m - $1bn of issuance for the 2008 / 2009 funding year.

For further information please contact Michael Allen, General Manager Treasury on (02) 9325-9288.

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