Exchange-traded Treasury Indexed Bonds (eTIBs) quoted on the ASX are listed below:
|Maturity Date||Coupon Interest Rate (pa)||ASX Code||Next coupon payment date||Next coupon payment per unit (cents)*||Kt factor**||Term sheet – PDF||Term Sheet – RTF|
|21 November 2018||1.00%||GSIU18||21 August 2017||26.65250||106.61||88KB||909KB|
|20 August 2020||4.00%||GSIO20||20 August 2017||167.19000||167.19||88KB||908KB|
|21 February 2022||1.25%||GSIC22||21 August 2017||34.60938||110.75||88KB||912KB|
|20 September 2025||3.00%||GSIQ25||20 September 2017||89.46750||119.29||88KB||908KB|
|20 September 2030||2.50%||GSIQ30||20 September 2017||72.73125||116.37||89KB||908KB|
|21 August 2035||2.00%||GSIO35||21 August 2017||53.93000||107.86||89KB||909KB|
|21 August 2040||1.25%||GSIO40||21 August 2017||32.34063||103.49||375KB||910KB|
* One unit is equal to $100 Face Value. Actual payment amounts are rounded to the nearest cent (0.5 cent being rounded up)
** Kt factor is the factor with which the original face value of an indexed bond is adjusted in order to reflect the cumulative capital accretion owing to changes in the Consumer Price Index (CPI).
Delayed pricing for eTIBs is available on the Australian Securities Exchange (ASX) website.
ASX has developed a bond calculator which calculates an eTIB’s yield to maturity from the traded price. Comparing the Yield To Maturity of different eTIBs will assist in determining which eTIB is suitable for your requirements. For more information about pricing and yield, see ASX’s Online Education Course on Exchange-traded Australian Government Bonds.