Tuesday 02 August 2016 by FIIG Research Trade opportunities

Top picks – Floating rate bond at 6.40%

See the top rates for bonds and term deposits available this week accurate as at 2 August 2016

Rabobank offers a fixed rate investment grade bond available to wholesale investors only, at an indicative yield to maturity of 3.85% with a first call date of 2 July 2020.

McPherson's Ltd offers an floating rate bond maturing on 31 March 2019, at an indicative yield to maturity of 6.40% 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 2 August 2016 and subject to change. For more information please contact your FIIG representative.