Tuesday 21 June 2016 by FIIG Research Trade opportunities

Top picks – Floating rate bond at 6.13%

See the top rates for bonds and term deposits available this week accurate as at 21 June 2016

Westpac offers a fixed rate bond available to wholesale investors only, at an indicative yield to maturity of 4.42% maturing on 14 June 2023.

Dicker Data offers a floating rate bond maturing on 26 March 2020 at an indicative yield to maturity of 6.13% available to both retail and wholesale investors.

The top term deposit rate is 3.15% for 2 years from a regional bank.

Please note rates are accurate as at 21 June 2016 and subject to change. For more information please contact your FIIG representative.