Please find attached the LGFA Quarterly Funding Update to Investors for September 2023.
Note that we have revised up our forecast Bond Issuance Programme for the current 2023-24 financial year by $300 million to $4.5 billion (excluding any issuance of Treasury Stock). This reflects the higher amount of council and CCO lending by LGFA in the September quarter of $1.22 billion and following on from June quarter council and CCO lending of $1.47 billion.
We will next provide an issuance programme update when we release the December 2023 Quarterly Funding Update in January 2024.
