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Commonwealth Guarantee - September 09NSW Treasury Corporation Announcement - Commonwealth Government Guarantee
Release date:16 Sep 2009 Commonwealth Government Guarantee:
NSW Treasury Corporation (TCorp) update
On 23 June 2009 the NSW Treasurer, The Hon. Eric Roozendaal MLC, announced the intention for TCorp to access the Commonwealth Government’s guarantee of State and Territory borrowings for Benchmark Bonds of maturities between three years and fifteen years.
TCorp can today confirm that the Reserve Bank of Australia has now issued eligibility certificates for the existing Benchmark Domestic series listed below, with effect 16 September 2009.
TCorp will advise in due course when eligibility certificates have been issued for the Benchmark Exchangeable Bonds.
Full details of the guarantee scheme can be found at: www.stateguarantee.gov.au
Domestic Benchmark Bonds
For further information, please contact Michael Allen, General Manager Treasury, Client & Risk Services, on (02) 9325 9288.
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