Tuesday 11 October 2016 by FIIG Research Trade opportunities

Top picks – Fixed rate bond at 6.88%

See the top rates for bonds and term deposits available this week accurate as at 11 October 2016

Suncorp subsidiary AAI Limited offers a fixed rate bond with next call on 6 October 2022, at an indicative yield to worst* of 4.66% available to wholesale investors only.

W.A. Stockwell offers a fixed rate bond maturing on 29 June 2021, at an indicative yield to worst* of 6.88% available to both retail and wholesale investors.

The top term deposit rate is 3.00% for 1 year from a regional bank.

Please note rates are accurate as at 11 October 2016 and subject to change. For more information please contact your FIIG representative. 

*The yield to worst (YTW) is the lowest yield an investor can expect when investing in a callable bond.