Tuesday 25 October 2016 by FIIG Research Trade opportunities

Top picks – Fixed rate bond at 6.78%

See the top rates for bonds and term deposits available this week accurate as at 25 October 2016

Alumina Limited offers a fixed rate bond maturing on 19 November 2019, at an indicative yield to worst* of 4.03% available to wholesale investors only.

Adani Abbot Point Terminal offers a fixed rate bond maturing on 29 May 2020, at an indicative yield to worst* of 6.78% 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 25 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.