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. 2162 DATED 18 NOVEMBER 2009
QUEENSLAND TREASURY CORPORATION
ISSUE OF A$4,500,000.00 GLOBAL A$ 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 2010
CURRENTLY TOTALING A$ 1,883,340.,000.00 (A$ 408,306,000.00 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 December
20, 2004 and the US Prospectus dated December 17, 2004 (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: 2010
(to be consolidated and form a single series
with QTC 5.50% Global A$ Bonds due 14
May 2010, ISIN US748305BF57)
3. Specific Currency or AUD ("A$")
Currencies:
4. (i) Issue price: 100.758%
(ii) Dealers' fees and No fee or commission is payable in respect of
commissions paid by the issue of the bond(s) described in these
\ Issuer: 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 A$1,000
Denominations:
6. (i) Issue Date: 19 NOVEMBER 2009
(ii) Record Date (date on 6 May / 6 November. Security will be
and from which ex-interest on and from 7 May / 7 November.
security is
Ex-interest):
(iii) Interest Payment 14 May / 14 November
Dates:
7. Maturity Date: 14 May 2010
8. Interest Basis: 5.5 per cent Fixed Rate
9. Redemption/Payment Redemption at par
Basis:
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 Senior and ranks pari passu with all its
Guarantee: other unsecured obligations
12. Method of Non-syndicated
distribution:
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
13. Fixed Rate Note
Provisions Applicable
(i) Rate(s) of Interest: 5.5 per cent per annum payable semi-annually
in arrears
(ii) Interest Payment 14 May and 14 November in each year up to and
Date(s): including the Maturity Date
(iii) Fixed Coupon A$27.50 per A$1,000 in nominal amount
Amount(s):
(Applicable to bonds
in definitive form)
(iv) Determination Date(s): Not Applicable
(v) Other terms relating None
to the method of
calculating interest
for Fixed Rate Bonds:
PROVISIONS RELATING TO REDEMPTION
14. Final Redemption A$1,000 per bond of A$1,000 Specified
Amount: 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 Not Applicable
Amount(s) 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 No
Coupons 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 Not Applicable
and addresses of
Managers and
underwriting
commitments:
(ii) Date of Dealer 18 NOVEMBER 2009
Agreement:
(iii) Stabilizing Manager(s) Not Applicable
(if any):
21. If non-syndicated, National Australia Bank Ltd
name and address of 255 George Street
relevant Dealer: Sydney NSW 2000
22. Whether TEFRA D or TEFRA Not Applicable
TEFRA 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$20,000,000,000 Global A$ 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 Not Applicable.
expenses:
[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: 4.10%
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: US748305BF57
(ii) Common Code: 21354040
(iii) CUSIP Code: 748305BF5
(iv) Any clearing system(s) Not Applicable
other 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 Not applicable
offer is subject;]
(iii) [Description of the Not applicable
application process;]
(iv) [Details of the minimum Not applicable
and/or maximum amount of
application;]
(v) [Description of Not applicable
possibility to reduce
subscriptions and manner
for refunding excess
amount paid by
applicants;]
(vi) [Details of the method Not applicable
and time limits for
paying up and delivering
the bonds;]
(vii) [Manner in and date on Not applicable
which results of the
offer are to be made
public;]
(viii) [Procedure for exercise Not applicable
of 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 Not applicable
notification to
applicants of the amount
allotted and the
indication whether
dealing may begin before
notification is made;]
(xi) [Amount of any expenses Not applicable
and taxes specifically
charged to the
subscriber or
Purchaser;]
(xii) [Name(s) and None
address(es), to the
extent know to the
Issuer, of the placers
in the various countries
where the offer takes
place.]