Tradeable Fixed Term Investments

Last updated 2 May 2013

For those people looking for safe Government Stock or a higher risk return investment there are a number of tradeable options whose value varies from day to day depending on the market conditions. These are structured in various ways such as bonds, capital notes and preference shares and may have a fixed maturity date or be perpetual.

The table below is provided for example only to illustrate the range of investments available and anyone interested in this type of investment needs to contact their financial advisor or stock broker.

Issuer Rating Maturity Date Current Yield Coupon Price
NZ Government AAA 15 Apr 2015 2.29 6.00 107.13
ANZ  Bank BBB+ Perpetual 9.66 99.60
BNZ Income Securities No 2 BBB+ Perpetual 9.10 104.95
Fletcher Building Finance Not rated 15 May 2016 5.50 9.00 113.84
Trust Power Subordinated Bonds Not Rated 15 March 2014 4.90 8.50 104.07
Contact Energy BBB 15 May 2014 3.80 8.00 105.85