Filed pursuant to Rule 424(b)(3)
Registration No. 333-121263
APPLICABLE FINAL TERMS
Set out below is the form of final terms (which will constitute a "pricing
supplement" for purposes of any offers or sales in the United States or to U.S.
persons) which will be completed for each tranche of bonds offered and sold
pursuant to this prospectus supplement/base prospectus and the U.S. Prospectus.
The bonds may be issued in one or more series as we may authorize from time to
time. Prospective investors should refer to the applicable prospectus
supplement/base prospectus and the U.S. Prospectus for a description of the
specific terms and conditions of the particular series of bonds.
FINAL TERMS NO. 2134 DATED 24 JUNE 2009
QUEENSLAND TREASURY CORPORATION
ISSUE OF A$10,340,000.00 GLOBAL A$ BONDS
GUARANTEED BY THE TREASURER ON BEHALF OF THE GOVERNMENT OF QUEENSLAND
UNDER THE A$20,000,000,000.00 GLOBAL A$ BOND FACILITY
ISSUED ON A CONSOLIDATED BASIS WITH THE GLOBAL A$ BONDS DUE 2011
CURRENTLY TOTALING A$4,793,018,000.00 (A$1,814,545,000.00 INCLUDING BUY BACKS)
PART A--CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes
of the Terms and Conditions set forth in the prospectus supplement dated March
14, 2000 and the base prospectus dated March 9, 2000 (together, the
"Prospectus") (the "Terms and Conditions"). This document constitutes the final
terms (which will constitute a "pricing supplement" for purposes of any offers
or sales in the United States or to U.S. persons) of the bonds described herein
for the purposes of Article 5.4 of the Prospectus Directive (as defined below)
and must be read in conjunction with the prospectus supplement dated December
12, 2008, and the US Prospectus dated December 10, 2007 which constitutes a base
prospectus for the purposes of the Prospectus Directive (Directive 2003/71/EC)
(the "Prospectus Directive") (hereinafter, the "prospectus supplement"), save in
respect of the Terms and Conditions which are incorporated by reference herein.
Full information on the Issuer, the guarantor and the offer of the bonds is only
available on the basis of the combination of this document, the prospectus
supplement and the Prospectus. Copies of the prospectus supplement and the
Prospectus are available for viewing free of charge at the Head Office of the
Issuer, Minerals & Energy Centre, 61 Mary Street, Brisbane, Queensland 4000,
Australia, and copies may be obtained from the listing agent, Deutsche Bank
Luxembourg S.A., 2 Boulevard Konrad Adenauer, L-1115 Luxembourg. The final terms
(which will constitute a "pricing supplement" for purposes of any offers or
sales in the United States or to U.S. persons) will be published on the
Luxembourg Stock Exchange's website.
[Include whichever of the following apply or specify as "Not Applicable"
(N/A). Note that the numbering should remain as set out below, even if "Not
Applicable" is indicated for individual paragraphs or subparagraphs. Italics
denote directions for completing the final terms (which will constitute a
"pricing supplement" for purposes of any offers or sales in the United States or
to U.S. persons).]
[When adding any other final terms or information at, for example, item 19
of Part A or in relation to disclosure relating to the interests of natural and
legal persons involved in the issue/offer in Part B consideration should be
given as to whether such terms or information constitute "significant new
factors" and consequently trigger the need for a supplement to the Prospectus
under Article 16 of the Prospectus Directive.]
1. (i) Issuer: Queensland Treasury Corporation
(ii) Guarantor: The Treasurer on behalf of the Government
of Queensland
2. Benchmark line: 2011
(to be consolidated and form a single
series with QTC 6% Global A$Bonds due
14 June 2011, ISIN US748305BC27)
3. Specific Currency or AUD ("A$")
Currencies:
4. (i) Issue price: 103.321%
(ii) Dealers' fees and No fee or commission is payable in
commissions paid by Issuer: respect of the issue of the bond(s)
described in these final terms
(which will constitute a "pricing
supplement" for purposes of any
offers or sales in the United States
or to U.S. persons). Instead, QTC
pays fees and commissions in accordance
with the procedure described in the
QTC Offshore and Onshore Fixed Interest
Distribution Group Operational Guidelines.
5. Specified Denominations: A$1,000
6. (i) Issue Date: 26 JUNE 2009
(ii) Record Date (date on 6 June / 6 December. Security will be
and from which security ex-interest on and from 7 June / 7
is Ex-interest): December.
(iii) Interest Payment Dates: 14 June / 14 December
7. Maturity Date: 14 June 2011
8. Interest Basis: 6 per cent Fixed Rate
9. Redemption/Payment Basis: Redemption at par
10. Change of Interest Not Applicable
Basis or Redemption
/Payment Basis:
11. (i) Status of the Bonds: Senior and rank pari passu with other
senior, unsecured debt obligations of
QTC
(ii) Status of the Guarantee: Senior and ranks pari passu with all its
other unsecured obligations
12. Method of distribution: Non-syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
13. Fixed Rate Note Provisions Applicable
(i) Rate(s) of Interest: 6 per cent per annum payable semi
-annually in arrears
(ii) Interest Payment Date(s): 14 June and 14 December in each year up
to and including the Maturity Date
(iii) Fixed Coupon Amount(s): A$30 per A$1,000 in nominal amount
(Applicable to bonds in
definitive form)
(iv) Determination Date(s): Not Applicable
(v) Other terms relating to the None
method of calculating
interest for Fixed Rate
Bonds:
PROVISIONS RELATING TO REDEMPTION
14. Final Redemption Amount: A$1,000 per bond of A$1,000 Specified
Denomination
(NB: If the Final Redemption Amount is
other than 100 per cent. of the nominal
value the bonds will be derivative
securities for the purposes of the
Prospectus Directive and the
requirements of Annex XII to the
Prospectus Directive Regulation will
apply and the Issuer will prepare and
publish a supplement to the Prospectus)
15. Early Redemption Amount(s) Not Applicable
payable on redemption for
taxation reasons or on
event of default and/or the
method of calculating the
same:
GENERAL PROVISIONS APPLICABLE TO THE BONDS
16. Form of Bonds: Permanent Global Note not exchangeable
for Definitive Bonds
17. Additional Financial Not Applicable
Centre(s) or other special
provisions relating to
Payment Dates:
18. Talons for future Coupons No
or Receipts to be attached
to Definitive Bonds (and
dates on which such
Talons mature):
19. Other terms or special Not Applicable
conditions:
(When adding any other final terms
consideration should be given as
to whether such terms constitute
"significant new factors" and
consequently trigger the need for a
supplement to the Prospectus under
Article 16 of the Prospectus Directive)
DISTRIBUTION
20. (i) If syndicated, names and Not Applicable
addresses of Managers
and underwriting
commitments:
(ii) Date of Dealer Agreement: 23 JUNE 2009
(iii) Stabilizing Manager(s) Not Applicable
(if any):
21. If non-syndicated, name Deutsche Capital Markets Australia
and address of relevant Level 18, Grosvenor Place
Dealer: 225 George Street
Sydney NSW 2000
22. Whether TEFRA D or TEFRA TEFRA Not Applicable
C rules applicable or
TEFRA rules not applicable:
23. Non exempt Offer Not Applicable
(N.B. Consider any local regulatory
requirements necessary to be fulfilled
so as to be able to make a non-exempt
offer in relevant jurisdictions. No
such offer should be made in any
relevant jurisdiction until those
requirements have been met. Non-exempt
offers may only be made into
jurisdictions in which the base
prospectus (and any supplement) has
been notified/passported.)
24. Additional selling Not Applicable
restrictions:
LISTING APPLICATION
These final terms (which will constitute a "pricing supplement" for
purposes of any offers or sales in the United States or to U.S. persons)
comprises the details required for issue and admission to trading on the
Luxembourg Stock Exchange regulated market and admission to the Official List of
the Luxembourg Stock Exchange of bonds described herein pursuant to the
A$20,000,000,000.00 Global A$ Bond Facility of Queensland Treasury Corporation.
RESPONSIBILITY
The Issuer and the Guarantor accept responsibility for the information
contained in these final terms (which will constitute a "pricing supplement" for
purposes of any offers or sales in the United States or to U.S. persons).
Signed on behalf of the Issuer:
By:
--------------------------------------
Duly authorized
PART B--OTHER INFORMATION
1. LISTING AND ADMISSION TO TRADING
(i) Listing Bourse de Luxembourg.
(ii) Admission to trading: Application has been made by the Issuer
(or on its behalf) for the bonds to be
admitted to trading on the regulated
market of the Bourse de Luxembourg with
effect from the Issue Date.
(Where documenting a fungible issue
need to indicate that original
securities are already admitted
to trading.)
2. RATINGS
Ratings: The bonds to be issued have been rated:
S&P: AA+
Moody's: Aa1
An obligation rated `AA+' by S&P has
the second highest long term credit
rating assigned by Standard & Poor's
and differs from the highest rated
obligations by only a small degree. The
obligor's capacity to meet its
financial commitment on the obligation
is very strong.
An obligation rated `Aa1' by Moody's
has the second highest long term credit
rating assigned by Moody's. Obligations
rated `Aa1' are judged to be of high
quality and are subject to very low
credit risk.
A credit rating is not a recommendation
to buy, sell or hold securities and may
be revised or withdrawn by the rating
agency at any time. Each rating should
be evaluated independently of any other
rating.
(The above disclosure should reflect the
rating allocated to bonds issued under the
bond facility generally or, where the
issue has been specifically rated, that
rating.)
3. INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save for any fees payable to the Dealers, so far as the Issuer is aware, no
person involved in the issue of the bonds has an interest material to the offer.
- --Amend as appropriate if there are other interests] [(When adding any other
description, consideration should be given as to whether such matters described
constitute "significant new factors" and consequently trigger the need for a
supplement to the prospectus supplement under Article 16 of the Prospectus
Directive.)]
4. REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES
(i) Reasons for the Offer: See "Use of Proceeds" section in the
prospectus supplement--if reasons for
offer different from making profit
and/or hedging certain risks will need
to include
those reasons here.
(ii) Estimated net proceeds: Not Applicable.
(If proceeds are intended for more
than one use will need to split out
and present in order of priority.
If proceeds insufficient to fund all
proposed uses state amount and sources
of other funding.)
(iii) Estimated total expenses: Not Applicable.
[Expenses are required to be broken
down into each principal intended "use"
and presented in order of priority of
such "uses".]
5. YIELD
Indication of yield: 4.325%
Calculated as 7 basis points less than
the yield on the equivalent A$
Domestic Bond issued by the Issuer
under its Domestic A$ Bond Facility
on the Trade Date.
The yield is calculated at the Trade
Date on the basis of the Issue Price.
It is not an indication of future
yield.
6. OPERATIONAL INFORMATION
(i) ISIN Code: US748305BC27
(ii) Common Code: 010926238
(iii) CUSIP Code: 748305BC2
(iv) Any clearing system(s) other Not Applicable
than Depositary Trust Company,
Euroclear Bank S.A./N.V. and
Clearstream Banking, societe
anonyme and the relevant
identification number(s):
(v) Delivery: Delivery free of payment
(vi) Names and addresses of [ ]
additional Paying Agent(s)
(if any):
7. TERMS AND CONDITIONS OF THE OFFER
(i) Offer Price; Not applicable
(ii) [Conditions to which the offer is Not applicable
subject;]
(iii) [Description of the application Not applicable
process;]
(iv) [Details of the minimum and/or Not applicable
maximum amount of application;]
(v) [Description of possibility Not applicable
to reduce subscriptions and
manner for refunding excess
amount paid by applicants;]
(vi) [Details of the method and Not applicable
time limits for paying up
and delivering the bonds;]
(vii) [Manner in and date on which Not applicable
results of the offer are to
be made public;]
(viii) [Procedure for exercise of Not applicable
any right of pre-emption,
negotiability of subscription
rights and treatment of
subscription rights not
exercised;]
(ix) [Categories of potential Not applicable
investors to which the bonds
are offered and whether
tranche(s) have been reserved
for certain countries;]
(x) [Process for notification to Not applicable
applicants of the amount
allotted and the indication
whether dealing may begin
before notification is made;]
(xi) [Amount of any expenses and Not applicable
taxes specifically charged to
the subscriber or Purchaser;]
(xii) [Name(s) and address(es), to None
the extent know to the Issuer,
of the placers in the various
countries where the offer takes
place.]