(AFX UK Focus) 2008-11-11 05:23 Australia’s TCorp raises A$ borrowing requirement (Interactive Investor)

  (AFX UK Focus) 2008-11-11 05:23 Australia’s TCorp raises A$ borrowing requirement (Interactive Investor)

SYDNEY, Nov 11 (Reuters) - New South Wales Treasury Corporation (TCorp), the finance arm of Australi…

SYDNEY, Nov 11 (Reuters) - New South Wales Treasury Corporation (TCorp), the finance arm of Australia's most populous state, has increased its borrowing requirement for the year to June 2009 by A$400 million ($267.2 million) due to a widneing budget deficit.

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