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. 2163 DATED 20 NOVEMBER 2009
QUEENSLAND TREASURY CORPORATION
ISSUE OF A$2,380,000.00 GLOBAL A$ 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$4,865,135,000.00 (A$1,359,728,000.00 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: 104.357%
(ii) Dealers' fees and commissions No fee or commission is payable in
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: 23 NOVEMBER 2009
(ii) Record Date (date on and from 6 June / 6 December. Security will be
which security is ex-interest on and from 7 June / 7
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 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 Not Applicable
Centre(s) 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: 18 NOVEMBER 2009
(iii) Stabilizing Manager(s) (if Not Applicable
any):
21. If non-syndicated, name and Deutsche Capital Markets Australia
address of relevant Dealer: Level 18, Grosvenor Place
225 George Street
Sydney NSW 2000
22. Whether TEFRA D or TEFRA C TEFRA Not Applicable
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: 4.85%
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 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 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.]