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Interest rate securities

Bring lower-risk stability and a potentially more reliable source of income to your investment portfolio.

Applications for ANZ Share Investing accounts will close on 1 July 2022.

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Create stability in 
your portfolio

Interest rate securities can be one of the best ways to add stability to your portfolio.

When you buy an interest rate security, you're lending money to the issuer (the Australian government or a company).

In return, you get regular interest payments as well as the eventual repayment of the issue price.

Depending on the security, the interest can be floating or fixed rate. Similarly, the issue price can be repaid either on demand or at a predetermined date. 

Most Australian interest rate securities are listed on the ASX. They offer predictability alongside the transparency and liquidity of the Australian sharemarket, making them a useful tool in creating a successful portfolio. 

Details at a glance

Applications for ANZ Share Investing accounts will close on 1 July 2022.

May be suitable if you:

  • are looking for a reliable source of income
  • want exposure to corporate or Australian Government bonds
  • want to add a defensive tilt to your portfolio

Minimum initial investment:


Brokerage starting from:


More rates and fees

Bonds for security
or returns

Australian Government bonds

As the name implies, Australian government bonds are issued by the government. They're a more secure investment choice with a low credit risk and can be issued for a time period for up to 15 years. Government bonds tend to be issued with a fixed interest rate. The market for government bonds is large, so the liquidity and security of the market make them an attractive prospect to many investors. 

Corporate bonds

There are a wide range of corporate bonds listed on the ASX. The terms of corporate bonds can differ a lot, so it's important to have a thorough understanding of the terms before you decide to invest. Corporate bonds also tend to be much less liquid than government bonds, although as a riskier option, they have the potential to pay higher returns.

Other ways to invest

Exchange Traded Funds (ETFs)

Buy the market, instantly diversify and enjoy a simple and relatively low-cost way to build your investment portfolio.


Access newly-listed companies and securities such as hybrids through Initial Public Offerings.


Enjoy the time savings and performance potential of professionally-managed investments.

Finding the right balance

Succesful investors will have a mix of growth and defensive assets. Defensive assets are low risk and less volatile than growth assets. Growth assets operate with higher risk and the potential for higher returns.

Bonds can be an excellent way to add defensive strength to your portfolio. Some bonds will actually perform well when parts of the market are struggling, making them a valuable asset.


Key considerations


  • Security
    Interest rate securities are considered a lower risk investment compared to Australian shares.
  • Stable and regular income
    As a lender, you're entitled to regular interest payments.
  • Liquidity
    Most interest rate securities are easy to buy and sell, especially Australian Government bonds.
  • Diversification
    Defensive assets such as interest rate securities can be an essential part of a diversified portfolio.
  • Choice of maturities
    Choose interest rate securities to suit your planned investment time period.


  • Interest rate risk
    Whether you have a fixed or floating interest rate, a drop in interest rates can have a negative impact on either the value of your securities or the income you receive.
  • Company performance
    The value of your securities may be affected by changes in the company's share price.
  • Conversion by the Australian Government
    Government bonds can be converted into Treasury Bonds or Treasury Indexed Bonds, with as little as three months' notice. These may continue to pay you interest and upon maturity, they can't be traded on the ASX.

How to apply

  1. Apply for an ANZ Share Investing account
  2. Verify your identity
  3. Deposit funds in your account
  4. Start trading!

Applications for ANZ Share Investing accounts will close on 1 July 2022.


Details to have handy

  1. Current Australian driver’s licence, and
  2. Australian birth certificate or Australian citizenship certificate, or
  3. Australian passport (current or one that has expired within the last two years) or current foreign passport including the signature page.

Not opening an individual account? Complete the application and we'll let you know what documentation you need to provide.



Why choose us?

  • Flexible trading platforms that let you trade on the go
  • Powerful trading tools, advanced charting and trusted research
  • Trade with your own funds or borrow from ANZ
  • Seamless integration with ANZ Internet Banking and ANZ Investment Lending
  • Immediately trade sale proceeds prior to settlement

Contact us


1300 658 355

Monday – Friday, 8am – 8pm (Sydney/Melbourne time)


Send us an email


The ANZ Share Investing service is provided by CMC Markets Stockbroking Limited ABN 69 081 002 851 AFSL 246381 (CMC Markets Stockbroking), a Participant of the Australian Securities Exchange (ASX Group), Sydney Stock Exchange (SSX) and Chi-X Australia (Chi-X) at the request of Australia and New Zealand Banking Group Limited ABN 11 005 357 522 (ANZ). Disclosure documents relating to ANZ Share Investing products and services are available on or by calling us on 1300 658 355. ANZ is the issuer of the ANZ Cash Investment Account and ANZ V2 PLUS Account. The obligations of CMC Markets Stockbroking are not guaranteed by ANZ. CMC Markets Stockbroking and ANZ are not representatives of each other.

The ANZ Share Investment Loan is provided by Australia and New Zealand Banking Group Limited ABN 11 005 357 522, AFSL 234527 ("ANZ").

An ANZ Share Investment Loan is subject to investment risks, including possible losses in income, capital invested and additional liability for the loan. We therefore strongly advise you talk to your financial planner, tax adviser and/or stockbroker and ensure you understand the risks, the specific tax implications as well as the legal and financial ramifications of a share investment loan.

ANZ does not give personal advice about the ANZ Share Investment Loan or it's tax implications. This information is of a general nature and has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of the information, having regard to your objectives, financial situation and needs. ANZ recommends that you read the ANZ Share Investment Loan Product Disclosure Statement and the ANZ Investment Lending Terms and Conditions which are available at or by calling the Client Services Team on 1800 639 330 between 8.00am and 6.00pm (Sydney/Melbourne time) during ASX trading days before deciding whether to acquire, or to continue to hold the product.

All ANZ Share Investment Loan applications are subject to ANZ’s credit approval criteria. Fees and charges apply and are available here or by calling the Client Services Team on 1800 639 330 between 8.00am and 6.00pm (Sydney/Melbourne time) during ASX trading days.