The MIS offer a floating rate of interest which is set quarterly and is calculated by adding 1.7 per cent per annum to the Base Interest Rate.
The Base Interest Rate is the average mid rate for 90 day bank bills on the date the interest rate is set each quarter.
Note: Prior to January 2003, the interest paid on the MIS was the greater of 7.25 per cent per annum or the Base Interest Rate plus 1.7 per cent per annum.
Paid quarterly in arrears on or about:
The scheduled dates for upcoming payments are included in the calendar.
|Payment history||Access the interest payment history here.|
|Distribution rate||4.75% per annum which is the Base Interest Rate* plus the applicable margin|
|Applicable distribution period||Monday, 15 April 2013 to Sunday, 14 July 2013 (inclusive)|
|Base Interest Rate*||3.05% per annum|
|Applicable margin||1.7% per annum|
|Record date||Friday, 28 June 2013|
|Payment date||Monday, 15 July 2013|
|Next date for resetting the distribution rate||Monday, 15 July 2013|
*As defined in the Conditions of Notes in Schedule 1 to the Macquarie Income Securities Trust Deed