Tuesday 08 December 2015 by FIIG Research Trade opportunities

Top picks – Fixed rate bond at 6.87%

See the top rates for bonds and term deposits available this week accurate as at 8 December 2015 

The Praeco Pty Ltd senior secured fixed rate bond is offering an indicative yield to maturity in July 2022 of 5.20%.

The USD BlueScope bond is currently offering an indicative yield to maturity in May 2018 of 6.87% or +560bps over treasuries.

The top term deposit rate remains at 3.00% for 2 years from a regional bank.

*Please note rates are accurate as at 8 December 2015 and subject to change. For more information please contact your FIIG representative.