REP 38 High-yield debentures: ASIC surveillance report

Released February 2005.

In the later half of 2004, the Australian Securities and Investments Commission undertook a surveillance campaign focussing on high-yield debenture prospectuses. By ‘high-yield’ we generally mean prospectuses offering debentures that return 3% or more above the bank term deposit rate.

Download REP 38 (PDF 140 KB) | Read the media release

Last updated: 17/02/2005 12:00