Medium Term Investments

Whatever your medium term requirements, we have a range of solutions to help you meet your investment goals.

Term Deposits
If you don’t need instant access to your money, our Term Deposit guarantees a fixed interest rate, with a range of terms and interest rate options.

Cash Deposit Account
Here you can benefit from the "one account" concept – this account offers you a range of investment alternatives to help build your investment portfolio. Offering competitive interest rates, you can select the term that best suits you up to five years.

Other Medium Term Investment Facilities
We can help you with further information on the above investment solutions – and also provide assistance on the rest of our comprehensive investment range. Some of these include:

Floating Rate Notes
Floating Rate Notes are generally for sophisticated investors with $500,000 or more to invest.They are a medium term bond providing the ability to achieve returns at a fixed margin above a floating benchmark, generally the 90 day Bank Bill Swap Rate (BBSW). They can provide you with a higher yield than other securities of a comparable credit quality.

Mortgage Backed Securities
Mortgage Backed Securities are generally for sophisticated investors with $500,000 or more to invest.

They are highly tradeable medium term notes or bonds which are serviced using the cash flows from a pool of residential or commercial mortgages. Investors receive payments of principal and interest in increments over the life of the security rather than a lump sum at maturity.

Farm Management Deposit Account
The Farm Management Deposit Account is a tax-effective investment that allows primary producers to set aside pre-tax income in good years to establish cash reserves and help meet costs in other years. It provides the opportunity to shift before-tax income from years when it is least needed to years when it is most needed. It allows the deduction of the amount of deposits from assessable income, with interest paid on 100 per cent of eligible deposits. Both fixed term and at call options are available. Special legislative requirements must be adhered to with the Farm Management Deposit Account.

Flexi Bill Solutions for Investors
There is a growing demand for solutions that allow investors to actively manage their interest rate risk through a process of yield enhancement or risk reduction. Our Flexi Bill Solutions (interest rate risk management tools involving the purchase of a series of securities) for Investors allow you to do this. They are available for those with more than $100,000 to invest. They include:

Flexi Bill Solution - Investment Boost
The Investment Boost allows you to earn enhanced returns equal to or above the 90 day Bill Rate up to an agreed maximum.

Flexi Bill Solution - Investment Guarantee
The Investment Guarantee allows you to take advantage of increases in the Bill rate whilst protecting you against falls below an income level you wish to protect.

Flexi Bill Solution - Investment Range
The Investment Range allows you to take advantage of small increases in Bill rates up to a predetermined maximum rate while guaranteeing you a minimum return on your investment.

Flexi Bill Solution - Investment Reset
The Investment Reset protects you from any downward movements in Bill rates over the term. On an agreed date you may reset your fixed investment rate to take advantage of any increases in Bill rates.

Flexi Bill Solution - Investor Step
The Investor Step provides you with the flexibility to determine when your interest income is earned by having the interest rate 'stepped up' or 'stepped down' at each quarterly roll.

Flexi Bill Solution - Future Start Investment
The Future Start Investment provides you with the opportunity to set in advance your interest rate with the additional flexibility of being able to reset your interest rate on the specified lodgement date should investment rates be higher.

Important information about advice
As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances.

All products mentioned on this web page are issued by the Commonwealth Bank of Australia, view our Financial Services Guide (PDF 59kb). View disclosure documents for Term Deposit (PDF 247kb), Farm Management Deposit Account General Information and Terms & Conditions (PDF 2.53mb),  Flexi Bill Solutions for Investors - Investment Boost (PDF 222kb), Flexi Bill Solutions for Investors - Investment Guarantee (PDF 277kb), Flexi Bill Solutions for Investors - Investment Range (PDF 186kb), Flexi Bill Solutions for Investors - Investment Reset (PDF 205kb), Flexi Bill Solutions for Investors - Investor Step (PDF 207kb) and Cash Deposit Account (PDF 619kb) and consider them before making any decision about these products.


Full terms and conditions available on application.