First Ranking Secured Debenture Stock - Current Interest RatesSee red table below for current specials
Contact Canopus Investments Limited for exclusive specials and loyalty rates: info@canopus.co.nz
All term deposit interest rates quoted at % per annum, paid quarterly unless stated otherwise |
Issuer
(click name to download investment statement and application form)
|
NZ Govt Deposit Guarantee*
|
$ Min.
|
Call
|
3 m
|
6 m
|
9 m
|
12 m
|
15 m
|
18 m
|
24 m
|
30 m
|
3 yr
|
4 yr
|
5 yr
|
Rating
(long
term)
|
Outlook
|
Notes
|
| Allied Nationwide Finance ² ³
|
To 12 October 2010
|
500
|
4.50
|
|
|
8.00
|
8.75
|
|
9.00
|
9.25
|
|
9.25
|
9.25
|
9.25
|
B
S&P
|
negative
|
Loyalty rate +0.50% applies for reinvestments of 9 mths and over. Subtract 0.1% from all rates for monthly interest payments, excluding on-call.
|
| Asset Finance
|
No
|
500
|
|
|
|
4.75
|
5.00
|
|
|
10.55
|
|
10.95
|
11.15
|
10.35
|
B
S&P
|
negative
|
Deposits prior to 6 November 2009 covered by NZ Gov. Retail Deposit Guarantee.
|
| Broadlands Finance ³
|
To 12 October 2010
|
500
|
|
|
|
|
8.50
|
|
9.00
|
10.00
|
10.00
|
10.00
|
10.25
|
10.25
|
BB-
S&P
|
negative
|
Loyalty rate of +0.25% applies to all terms. Special rates may apply to amounts $50,000 and over.
|
| Business Finance Limited
|
Excluded securities
|
5000
|
|
|
|
|
8.25
|
|
8.50
|
8.50
|
|
9.00
|
|
|
BB
S&P
|
negative
|
Business Finance Limited is approved under the Crown Retail Deposit Guarantee Scheme up to 12 October 2010. Liberty Finance, 50% owner of Business Finance Limited, guarantees principal and interest of outstanding Secured Deposits.
|
| Equitable Mortgages ³
|
To 31 December 2011
|
2000
|
2.00**
|
3.00
|
5.50
|
|
6.00
|
6.50
|
6.00
|
6.25
|
|
6.50
|
7.00
|
7.25
|
BB
S&P
|
negative
|
Assured Debentures, covered by Crown Retail Deposit Guarantee Extension. Monthly payment option available. 15 month term minimum deposit $10k.
|
| Equitable Mortgages ³
|
No
|
2000
|
3.00**
|
4.00
|
5.50
|
|
7.25
|
8.00
|
7.50
|
8.00
|
|
8.00
|
8.25
|
8.50
|
BB
S&P
|
negative
|
Classic Debentures, not government guaranteed. Monthly payment option available. 15 month term minimum deposit $10k.
|
| FE Investments
|
To 12 October 2010
|
1000
|
|
|
|
|
5.60
|
|
7.00
|
8.00
|
|
9.00
|
|
|
|
|
|
| Finance Direct
|
To 12 October 2010
|
1000
|
|
|
5.00
|
|
9.00
|
|
9.45
|
9.25
|
|
9.00
|
8.75
|
8.75
|
|
|
Majority ownership by NZF Money Limited. Loyalty rate +0.50% on 12 & 18 month terms, +0.25% on other terms except 6 mths.
|
| Fisher and Paykel Finance
|
To 31 December 2011
|
1000
|
4.50
|
5.00
|
5.25
|
6.00
|
6.75
|
|
6.75
|
7.25
|
|
7.50
|
7.50
|
7.50
|
BB
S&P
|
stable
|
Securities approved under Extended Government Retail Deposit Guarantee. Reinvested funds attract +0.5% on all term deposits.
|
| Fisher and Paykel Finance
|
No
|
1000
|
4.75
|
5.25
|
5.50
|
6.75
|
7.50
|
|
7.50
|
8.00
|
|
8.00
|
8.00
|
8.00
|
BB
S&P
|
stable
|
Securities not covered by Extended Government Retail Deposit Guarantee. Reinvested funds attract +0.5% on all term deposits.
|
| General Finance
|
To 12 October 2010
|
5000
|
|
|
4.25
|
|
5.00
|
|
7.00
|
8.05
|
|
9.25
|
8.50
|
8.50
|
|
|
|
| Gold Band Finance
|
To 12 October 2010
|
<5000
5000
|
|
|
2.00
2.50
|
2.00
2.50
|
4.50
5.00
|
|
7.25
7.75
|
8.60
9.10
|
|
8.95
9.45
|
8.95
9.45
|
8.95
9.45
|
|
|
|
| Marac Finance ³
|
To 31 December 2011
|
1000
|
4.25
|
4.75
|
5.50
|
5.00
|
6.25
|
|
4.00
|
7.25
|
|
7.50
|
8.00
|
8.00
|
BB+
S&P
|
negative
|
Securities approved under Extended Government Retail Deposit Guarantee
|
| Marac Finance ³
|
No
|
1000
|
4.50
|
5.50
|
6.25
|
6.00
|
7.25
|
|
7.25
|
8.25
|
|
8.50
|
8.50
|
8.50
|
BB+
S&P
|
negative
|
Excluded securities not covered by Government Retail Deposit Guarantee
|
| Mutual Credit Finance
|
To 1 January 2010
|
5000
|
|
|
|
|
|
|
9.10
|
9.25
|
|
9.50
|
9.50
|
9.50
|
|
|
Special rates for deposits of $100k and over. Deposits prior to 1 January 2010 remain covered by Crown Retail Deposit Guarantee.
|
| NZF Money Limited ² ³
|
To 12 October 2010
|
1000
10,000
|
|
4.25
4.50
|
4.75
5.00
|
6.75
6.75
|
8.25
8.25
|
|
8.45
8.45
|
8.25
8.50
|
|
8.25
8.50
|
7.75
8.00
|
7.75
8.00
|
B
S&P
|
negative
|
Loyalty rate +0.25% on terms of 9 mths and over for existing clients, current special +0.50% on 12 month term.
|
| Oxford Finance Corp.
|
To 12 October 2010
|
500
|
4.25
|
4.75
|
5.25
|
|
6.00
|
|
6.50
|
7.25
|
|
7.50
|
7.50
|
7.50
|
BBB-
S&P
|
stable
|
Debenture stock also guaranteed by electricity network parent company Electra.
|
| PGG Wrightson Fin.
|
To 31 December 2011
|
<10,000
10,000
100,000
|
3.70
3.90
4.00
|
4.45
4.65
4.75
|
5.20
5.40
5.50
|
5.45
5.65
5.75
|
5.95
6.15
6.25
|
|
6.15
6.35
6.45
|
6.80
7.00
7.10
|
|
7.20
7.40
7.50
|
7.45
7.65
7.75
|
7.70
7.90
8.00
|
BB
S&P
|
stable
|
Subtract 0.1% for monthly payments, only available
on 12 m term and over, $10k and over.
|
| PGG Wrightson Fin.
|
Excluded Securities
|
<10,000
10,000
100,000
|
4.70
4.90
5.00
|
4.95
5.15
5.25
|
5.70
5.90
6.00
|
6.20
6.40
6.50
|
6.95
7.15
7.25
|
|
7.30
7.50
7.60
|
8.50
8.50
8.50
|
|
8.20
8.40
8.50
|
8.20
8.40
8.50
|
8.20
8.40
8.50
|
BB
S&P
|
stable
|
Excluded securities not covered by Gov. Retail Deposit Guarantee. Subtract 0.1% for monthly payments, only available on 12 m term and over, $10k and over.
|
| South Canterbury Finance ³
|
To 31 December 2011
|
100
|
|
4.50
|
6.00
|
7.00
|
8.00
|
8.00
|
|
|
|
|
|
|
B-
S&P
|
negative
|
South Canterbury offers debenture stock maturing in May, June, July, September, November 2011, all at 8.00% p.a.
|
| UDC Finance ²
|
To 12 October 2010
|
5000
100,000
|
3.00
3.25
|
3.75
3.75
|
4.10
4.20
|
3.90
4.00
|
4.70
4.70
|
|
5.10
5.10
|
5.75
5.75
|
|
6.15
6.15
|
6.40
6.50
|
6.80
6.90
|
AA
S&P
|
stable
|
Interest paid on maturity for terms under 12 months
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* New Zealand Government Deposit Guarantee is capped at NZ$1 million per depositor per guaranteed institution, applicable to 12 October, 2010. Extended New Zealand Government Retail Deposit Guarantee is capped at NZ$250,000 per depositor per guaranteed institution, applicable to 31 December, 2011. For approved non-bank deposit taking institutions, guarantee applies only to NZ tax residents or NZ citizens. For full details of the New Zealand Government Deposit Guarantee Scheme, visit the New Zealand Treasury website.
¹ Special investment rates available through Canopus Investments Limited. See "Red Table" specials below.
² Monthly and other payment terms available; rates may vary slightly from quarterly payment rates.
³ Loyalty rate applies on reinvestment, usually +0.25% p.a. but may vary between companies. Loyalty rates may not apply to specials.
** At Call rate applies after initial 90 day lock-in period
^ Floating rate
NOTES:
1. Listing of any finance company or financial institution on this website does not constitute a recommendation or advice to purchase debenture stock or any other security issued by that company. See Disclaimer below. For individual investment advice contact Canopus Investments Limited info@canopus.co.nz. Investment Adviser Disclosure Statement available on request, free of charge.
2. Finance companies may offer special rates on investments made through Debex. Contact Debex for details. info@debentures.co.nz
3. All listed finance companies offer the option of quarterly compounding interest rates, effectively increasing listed rates by up to 0.4% p.a. Contact Debex for details.
4. Special interest rate quotes may be available on investments of $50,000 and greater.
Order Investment Statements
|
Current First Ranking Secured Debenture Stock Interest Rate SpecialsContact Canopus Investments Limited for exclusive specials and loyalty rates: info@canopus.co.nz
All term deposit interest rates quoted at % per annum, paid quarterly
|
Issuer
(click name to download investment statement and application form)
|
$ Min.
|
Term
|
Rate % p.a.
|
Notes
|
| Asset Finance
|
500
|
23 months
|
10.55
|
|
| Asset Finance
|
500
|
27 months
|
10.75
|
|
| Equitable Mortgages
|
10,000
|
15 months
|
6.50
|
Assured Debentures, covered by Crown Retail Deposit Guarantee Extension. Monthly payment option available.
|
| Equitable Mortgages
|
10,000
|
15 months
|
8.00
|
Classic Debentures, not government guaranteed. Monthly payment option available.
|
| Finance Direct
|
1000
|
12 mths
|
9.00
|
Loyalty rate of 9.50% p.a. applies.
|
| Finance Direct
|
1000
|
18 mths
|
9.45
|
Loyalty rate of 9.95% p.a. applies.
|
| Marac Finance
|
1000
|
6 months
|
5.50
|
NZ Govt Deposit Guarantee applies. Exclusive rate available through Canopus info@canopus.co.nz
|
| Marac Finance
|
1000
|
12 months
|
6.25
|
NZ Govt Deposit Guarantee applies. Exclusive rate available through Canopus info@canopus.co.nz
|
| NZF Money Limited
|
1000
|
12 months
|
8.25
|
Interest paid monthly, quarterly or at maturity. Special rate of 8.75% p.a. for existing investors.
|
| NZF Money Limited
|
1000
|
18 months
|
8.45
|
Interest paid quarterly or at maturity. Special rate of 8.95% p.a. for existing investors.
|
| PGG Wrightson Fin.
|
<10,000
|
16 months
|
6.75
|
Covered by NZ Govt. Deposit Guarantee Extension.
|
| PGG Wrightson Fin.
|
<10,000
10,000
100,000
|
16 months
|
7.20
7.40
7.50
|
Excluded securities not Covered by NZ Govt. Deposit Guarantee Extension.
|
| UDC Finance
|
5000
|
4 months
|
4.70
|
Interest paid at maturity.
|
| UDC Finance
|
5000
|
8 months
|
5.10
|
Interest paid at maturity.
|
| UDC Finance
|
5000
|
14 months
|
5.60
|
Interest paid quarterly, monthly or at maturity.
|
|
|
|
|
|
|
|
|
Updated: 27 July, 2010
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