WATC State Bonds – Individual Investors
WATC monitors market yields daily to ensure competitive rates of interest are offered to individual investors.
The interest rates detailed below are effective from 21 October 2019.
|Payment Frequency||Maturity Date||Amount of Investment
$1,000 – $49,900
|Amount of Investment
$50,000 – $99,900
|Interest on maturity||15 January 2021||0.45% p.a.||0.65% p.a.|
|Half-yearly Interest||15 January 2022||0.50% p.a.||0.70% p.a.|
|15 January 2024||0.60% p.a.||0.80% p.a.|
|15 January 2026||0.75% p.a.||0.95% p.a.|
WATC reserves the right to change maturity dates and interest rates without notice.
Individuals seeking to invest $100,000 or more are invited to contact our registry (Link Market Services Limited) on 1800 098 828 (freecall within Australia) to obtain further information, including an indicative interest rate. Alternatively, you can send an email to email@example.com.
The date investment funds are credited to WATC’s bank account is used to determine the interest rate fixed to an investment of $100,000 or more.
WATC State Bonds – Designated Investment
The interest rate for a designated investment shown below is an indicative rate only and is provided to give you a reasonable guide to the actual rate that will be fixed to your investment based on the date of receipt of the full amount of your investment funds. The indicative interest rate below reflects prevailing market conditions as at 14 October 2019.
|Payment Frequency||Maturity Date||Indicative Interest Rate|
|Half-yearly Interest||15 January 2024||0.80% p.a.|