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The Australian Corporate Bond Company - ACBC lists new exchange-traded bonds

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The Australian Corporate Bond Company (ACBC) has added four new ASX-listed exchange-traded bonds (XTBs) to its existing suite, bringing its total number of offerings to 33.

The four new fixed-rate XTBs will be available on the ASX and cover the banking, consumer and infrastructure sectors, a statement issued by ACBC said.

ACBC founder and chief executive Richard Murphy said, “Corporate bonds offer an important way for retail investors to diversify their investment portfolios, bringing capital stability and certainty of income.”

The new listings follow the addition of six floating rate notes by ACBC earlier this month.

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“The expansion of XTBs on offer over recent weeks strongly reinforces our commitment to opening the corporate bond market up to retail investors, and allows investors to pick and choose the bonds they wish to gain exposure to,” Mr Murphy said.

“For those who need greater diversification and fixed income defensive assets to balance their equity growth assets, or those who want to better balance their risk/return profile, it could be the perfect time to explore XTBs,” he said.

The four new XTBs are issued by Bank of Queensland, Coca Cola Amatil, National Australia Bank and Sydney Airport Finance.

The indicative yields of the new XTBs range from 2.70 per cent to 2.93 per cent as at 20 November 2015.