Earn high interest on short-term deposits of large amounts.
You pay a face value minus what you earn. For example, a 30-day, $1,000,000 Bill with a 6.00% yield can be purchased for $995,092.69 with $1,000,000 paid to you in 30 days.
Features
Terms: 7 to 180 days. Can be renegotiated by phone.
There are no fees.
ANZ will repurchase your Bill at any time prior to maturity with the price depending on current market rates.