Issuance has opened up in the Australian bond market to include a variety of bonds from a greater range of corporates and minimum investment amounts are lower. We have compiled a list of available retail bonds (minimum initial investment is $50,000)
In the past, Australian investors have only been able to access the bond market for a minimum investment amount of $500,000 per bond. The market has been developing as bonds are becoming better understood and more easily accessible.
If you're looking for reliable income investment we can help with a choice of corporate bond and term deposit investments.
With DirectBonds you can invest directly in corporate bonds from $10,000 per bond with a minimum portfolio balance of $50,000. So no matter what type of investor you are, you can make fixed income part of your investment strategy.
Recent bonds that have become available to retail investors include: 360 Capital fixed rate bond and Coffey floating rate bond, both due 2019.
360 Capital Group
The 360 Capital Group is an ASX listed Australian property funds management group. Created by the merger of 360 Capital Property and Trafalgar Corporate Group Limited in October 2013. 360 Capital is headquartered in Sydney and manages nine investment vehicles holding 34 industrial, office and retail properties across Australia valued at more than $1.0bn. 360 Capital has three main sources of revenue: management fees, co-investment income (which is passive income from owning units in various property trusts) and rental income from direct property ownership. The group issued $75m fixed rate notes through FIIG in September 2014.
The bond’s current indicative yield to maturity is 6.06% or a yield to call in September 2017 at 103 of 6.75%. Please note all rates are indicative only as at 1 October 2015 and subject to change.
For further information on 360 Capital and its bond offer, please review the links below:
360 Capital most recent results (FY15 reporting)
360 Capital research report updated 16 September 2015
Coffey International Limited (Coffey)
Coffey is a specialist professional services consultancy, established in 1959, with expertise in engineering, geosciences, international development and project management. Coffey was listed on the ASX in 1990 and has a current market capitalisation of approximately $35m. The company issued $40m floating rate notes through FIIG in September 2014.
The Coffey floater has a current indicative yield to maturity of 10.968% or a yield to call in September 2017 at 103 of 14.34%. Please note all rates are indicative only as at 1 October 2015 and subject to change.
As with all investing, it is important to understand the asset before you purchase it, so if you are considering Coffey consult the further reading below:
Coffey's most recent results (FY15 reporting)
Coffey Corporate research report updated 15 September 2015
We had a flurry of fixed rate bond approvals for retail in June this year, including: NextDC 2019, Adani 2020, Qantas 2021, Plenary 2021.
List of bonds available to retail at $10,000 parcels by issuer
| Bond type | Maturity/Call date |
| 360 Capital Investment Management Limited |
| Fixed | 19-Sep-19 |
| Adani Abbot Point Terminal Pty Ltd |
| Fixed | 29-May-20 |
| Australian Gas Networks |
| Inflation linked | 20-Aug-25 |
| Australian National University |
| Indexed annuity | 7-Oct-29 |
| Bendigo and Adelaide Bank Ltd** |
| Floating | 29-Jan-19* |
| CBL Corporation Limited |
| Fixed | 17-Apr-19 |
| Cash Converters International Ltd |
| Fixed | 19-Sep-18 |
| Civic Nexus Finance Pty Ltd |
| Indexed annuity | 15-Sep-32 |
| Coffey Corporate Pty Ltd |
| Floating | 12-Sep-19 |
| DBCT Finance Pty Ltd (Dalrymple Bay) |
| Fixed | 9-Jun-16 |
| Floating | 9-Jun-16 |
| Floating | 9-Jun-21 |
| DBNGP Finance Corporation Pty Ltd |
| Fixed | 11-Oct-19 |
| Downer Group Finance Pty Ltd |
| Fixed | 29-Nov-18 |
| G8 Education Limited |
| Fixed | 7-Aug-19 |
| Floating | 3-Mar-18 |
| JEM NSW Schools II Pty Ltd |
| Indexed annuity | 28-Feb-31 |
| Indexed annuity | 28-Nov-35 |
| JEM (Southbank) Pty Ltd |
| Fixed | 28/06/2018* |
| Indexed annuity | 28-Jun-35 |
| Morgan Stanley |
| Floating | 22-Feb-17 |
| Mackay Sugar Limited |
| Fixed | 5-Apr-18 |
| National Australia Bank Ltd*** |
| Floating | 17-Dec-20* |
| National Wealth Management Holdings Ltd** |
| Fixed | 16-Jun-16* |
| Floating | 16-Jun-16* |
| NextDC Ltd |
| Fixed | 16-Jun-19 |
| Novacare Solutions Pty Ltd |
| Indexed annuity | 15-Apr-33 |
| Payce Consolidated Limited |
| Fixed | 3-Dec-18 |
| Plenary Health (Casey) Finance Pty Ltd |
| Indexed annuity | 15-Sep-29 |
| Plenary Justice SA Pty |
| Indexed annuity | 15-Jun-30 |
| Plenary Bond Finance Unit Trust |
| Fixed | 16-Jun-21 |
| PMP Finance Pty Limited |
| Fixed | 23-Oct-17 |
| Praeco Pty Ltd |
| Indexed annuity | 15-Aug-20 |
| Qantas Airways Limited |
| Fixed | 27-Apr-20 |
| Fixed | 11-Jun-21 |
| Fixed | 19-May-22 |
| Queensland Treasury Corporation |
| Fixed | 14-Mar-33 |
| Stockland Trust |
| Fixed | 25-Nov-20 |
| Sydney Airport Finance |
| Inflation linked | 20-Nov-30 |
| Inflation linked | 20-Nov-20 |
*Call date included
All bonds senior debt with the exception of ***T1 and **LT2
Please note that there are also a number of government bonds available in smaller parcels for retail investors, not included in this list.
Contact your FIIG Representative for more information.