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Tuesday 12 May 2015 by FIIG Research Trade opportunities

Top picks - Floating rate note at 6.33%

Rates accurate as at 12 May 2015, floating rate note at 6.33% and capital indexed bond at 5.60% yield to maturity. Regional bank 2 year term deposit at 3.20%

McPherson’s floating rate note offer (FRN’s) is available to wholesale investors only at an indicative yield to maturity of 6.33%. The offer has a maturity date of 31 March 2019.

An attractive inflation linked bond that is available to both wholesale and retail investors is the Sydney Airport Finance capital indexed bond at an indicative yield to maturity of 5.60% due 20 November 2030.

The top term deposit rate is from a regional bank of 3.20% for 2 years.

*Please note rates are accurate as at 12 May 2015 and subject to change.

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