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 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 and the U.S.
Prospectus for a description of the specific terms and conditions of the
particular series of bonds.
FINAL TERMS NO. 2161 DATED 12 NOVEMBER 2009
QUEENSLAND TREASURY CORPORATION
ISSUE OF A$13,400,000.00 GLOBAL A$ BONDS
GUARANTEED BY THE TREASURER ON BEHALF OF THE GOVERNMENT OF QUEENSLAND
UNDER THE A$20,000,000,000 GLOBAL A$ BOND FACILITY
ISSUED ON A CONSOLIDATED BASIS WITH THE GLOBAL A$ BONDS DUE 2015
CURRENTLY TOTALING A$ 5,363,660,000.00 (A$1,183,874,000.00 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 November
1, 2002 and the US Prospectus dated November 1, 2002 (together, the "Original
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 (together, the
"Prospectus") 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 Original Prospectus 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: 2015
(to be consolidated and form a single series with QTC 6% Global
A$Bonds due 14
October 2015, ISIN US748305BE82)
3. Specific Currency or Currencies: AUD ("A$")
4. (i) Issue price: 100.652%
(ii) Dealers' fees and commissions paid by Issuer: No fee or commission is payable in 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: 17 November 2009
(ii) Record Date (date on and from which security is 6 April / 6 October. Security will be ex-interest on and from 7
Ex-interest): April / 7 October.
(iii) Interest Payment Dates: 14 April / 14 October
7. Maturity Date: 14 October 2015
8. Interest Basis: 6 per cent Fixed Rate
9. Redemption/Payment Basis: Redemption at par
10. Change of Interest Basis or Redemption/Payment Basis: Not Applicable
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 April and 14 October 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 method of calculating None
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) payable on redemption for Not Applicable
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) or other special Not Applicable
provisions relating to Payment Dates:
18. Talons for future Coupons or Receipts to be attached No
to Definitive Bonds (and dates on which such Talons
mature):
19. Other terms or special conditions: Not Applicable
(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 addresses of Managers and Not Applicable
underwriting commitments:
(ii) Date of Dealer Agreement: 10 November 2009
(iii) Stabilizing Manager(s) (if any): Not Applicable
21. If non-syndicated, name and address of relevant Dealer: Nomura International PLC
Level 25, Governor Philip Tower
1 Farrer Place
Sydney NSW 2000
22. Whether TEFRA D or TEFRA C rules applicable or TEFRA TEFRA Not Applicable
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$20,000,000,000 Global A$ 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: AAA
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.
Obligations rated 'AAA' by Moody's are judged to be of the
highest quality with minimal 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: 5.98%
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: US748305BE82
(ii) Common Code: 017598066
(iii) CUSIP Code: 748305BE8
(iv) Any clearing system(s) other than Depositary Trust Not Applicable
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 subject;] Not applicable
(iii) [Description of the application process;] Not applicable
(iv) [Details of the minimum and/or maximum amount of Not applicable
application;]
(v) [Description of possibility to reduce subscriptions Not applicable
and manner for refunding excess amount paid by
applicants;]
(vi) [Details of the method and time limits for paying Not applicable
up and delivering the bonds;]
(vii) [Manner in and date on which results of the Not applicable
offer are to be made public;]
(viii) [Procedure for exercise of any right of pre-emption, Not applicable
negotiability of subscription rights and treatment
of subscription rights not exercised;]
(ix) [Categories of potential investors to which the bonds Not applicable
are offered and whether tranche(s) have been reserved
for certain countries;]
(x) [Process for notification to applicants of the Not applicable
amount allotted and the indication whether dealing
may begin before notification is made;]
(xi) [Amount of any expenses and taxes specifically Not applicable
charged to the subscriber or Purchaser;]
(xii) [Name(s) and address(es), to the extent know to the None
Issuer, of the placers in the various countries where
the offer takes place.]