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. 2146 DATED 03 AUGUST 2009
QUEENSLAND TREASURY CORPORATION
ISSUE OF A$13,500,000.00 GLOBAL A$ 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$4,843,135,000.00 (A$1,583,343,000.00 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 Currencies: AUD ("A$")
4. (i) Issue price: 103.683%
(ii) Dealers' fees and commissions No fee or commission is payable in respect
paid by Issuer: 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: 06 AUGUST 2009
(ii) Record Date (date on and from 6 June / 6 December. Security will be ex-interest
which security is Ex-interest): on and from 7 June / 7 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 Basis or Not Applicable
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 Centre(s) Not Applicable
or other special provisions
relating to Payment Dates:
18. Talons for future Coupons or No
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: 31 JULY 2009
(iii) Stabilizing Manager(s) (if any): Not Applicable
21. If non-syndicated, name and The Toronto Dominion Bank
address of relevant Dealer: Level 24
9 Castlereagh Street
Sydney NSW 2000
22. Whether TEFRA D or TEFRA C rules TEFRA Not Applicable
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 restrictions: Not Applicable
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: 4.40%
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 than Not Applicable
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 maximum Not applicable
amount of application;]
(v) [Description of possibility to reduce Not applicable
subscriptions and manner for refunding
excess amount paid by applicants;]
(vi) [Details of the method and time limits Not applicable
for paying up and delivering the bonds;]
(vii) [Manner in and date on which results of Not applicable
the offer are to be made public;]
(viii) [Procedure for exercise of any right of Not applicable
pre-emption, negotiability of
subscription rights and treatment of
subscription rights not exercised;]
(ix) [Categories of potential investors to Not applicable
which the bonds are offered and whether
tranche(s) have been reserved for
certain countries;]
(x) [Process for notification to applicants Not applicable
of the amount allotted and the
indication whether dealing may begin
before notification is made;]
(xi) [Amount of any expenses and taxes Not applicable
specifically charged to the subscriber
or Purchaser;]
(xii) [Name(s) and address(es), to the extent None
know to the Issuer, of the placers in
the various countries where the offer
takes place.]