TCorp bonds

Large and liquid domestic bonds that are actively traded in the financial markets.

NSW Government bonds for international investors with a range of currencies and maturities.

Green, social and sustainability bonds provide a mechanism for investors to contribute capital to achieve environmental and social goals.

Access the latest announcements from our Funding team.

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Long term Australian currency	Long term foreign currency	Short term
Moody's	Aaa (stable)	Aaa (stable)	Prime-1
Fitch	AAA (stable)	AAA (stable)	F1+
Standard & Poor's	AA+ (negative)	AA+ (negative)	A-1+

TCorp issues bonds in order to provide financing to the NSW Government sector and all NSW government agencies.

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A$ billion	FY27 Forecast	FY28 forecast	FY29 forecast	FY30 forecast
New client borrowing	17.6	11.4	9.0	10.4
Refinance	9.8	17.2	17.3	19.4
Less prefunding	-4.3	-	-	-
Term funding requirement	23.1	28.6	26.3	29.8

_{Forecasts are expressed in capital value as at 23 June 2026.}

_{Numbers rounded to the nearest A$100 million.}

_{Source: TCorp, NSW Treasury}

View our Debt Investor Updates for 2025-26.

Download FY2025-26

Download HY2025-26

Hear from TCorp's Chief Executive, David Deverall and NSW Treasurer, the Hon. Daniel Mookhey following the release of the 2025-26 NSW State Budget.

TCorp pays respect to the Traditional Custodians and First Peoples of NSW and acknowledges their continued connection to country and culture.

Institutional investors