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SYDNEY, July 23 (Reuters) – Queensland Treasury Corp, the
state’s funding arm, has issued a total of A$4.4 billion ($3.93
billion) in new 2011 and 2012 bonds in exchange for
government-guaranteed bonds, sole lead UBS said on Friday.
The borrower issued A$2.7 billion in June 2011 bonds with a
yield 14 basis points above the QTC 2011 Australia-guaranteed
line and A$1.7 billion in April 2012 bonds with a yield 15 bps
above the QTC’s 2012 Australia-guaranteed bonds.
(Reporting by Cecile Lefort)