The Kiwi Bond rates are:
Maturity | Rate |
---|---|
6 months | 4.50 percent per annum |
1 year | 4.25 percent per annum |
2 years | 3.75 percent per annum |
4 years | 3.75 percent per annum |
For further information please refer to the Product Disclosure Statement and the current application form.
Changes to interest rates:
Interest rates can change at any time and this may lead to a new issue of Bonds. In some cases the interest rate might change between the date you first apply to invest in Bonds and the date your application is processed. If that happens and the new interest rate is lower than the rate was when you applied, Computershare Investor Services Limited will contact you to advise you of the new interest rate and ask whether you still want to apply for the Bonds at the new rate. You will then have 14 days to cancel your application if you wish to do so; otherwise, the Bonds will be issued to you at the new, lower interest rate.