FIIG's DirectBonds Service

At FIIG, we are committed to ensuring bonds are accessible for more investors. Historically, corporate bonds were restricted to $500,000 parcels. Now, hundreds of bonds, including high yielding investment grade bonds are accessible to all investors with FIIG's DirectBonds Service.

Our DirectBonds service enables you to buy and sell bonds in parcels from $10,000 with a minimum portfolio balance of $50,000. It gives you access to a broad universe of local and overseas bonds including:

Financial institution and corporate bonds
Government and semi-government bonds
International bond issues
Fixed, floating rate and inflation-linked bonds.

Download our DirectBonds information brochure (PDF Document).

FIIG clients can access a complete list of DirectBonds and pricing as at the previous day of trade's close by logging into our client-only My Portfolio section of our website.

See our daily FIIG Rate Sheet (PDF Document) for details of coupon percentage, yields to maturity, running yield and institutional market price on the bonds our clients typically invest in.

DirectBonds is ideal for individuals, self managed super funds and companies. It allows you to establish a diversified portfolio of bonds delivering a high, consistent income stream.

Advantages of DirectBonds

Choose from a long list of corporate and government bonds

You choose the bond issuer you are comfortable with

Ownership of the bond remains with you

Access your portfolio through the My Portfolio manager (our online client portal)

Understand your investment and the market with access to FIIG's market leading education and research

Frequently asked questions

What is a Corporate Bond?
Can you give me names of companies who have issued bonds?
How do Corporate Bonds work?
How are Corporate Bonds different to term deposits?
How are Corporate Bonds different to shares?

Companies or governments issues bonds as a way of raising funds. They borrow funds from investors in the form of bonds, making it a form of debt. When you purchase a bond, the issuer is legally obliged to pay you regular interest and at the bond’s maturity, pay back the face value of the bond to you.

Bonds are issued by many companies – from well known companies such as BHP, Qantas and Commonwealth Bank to smaller companies such as G8 Education and Praeco.

Over 600 bonds are available via FIIG’s DirectBonds Service. Wholesale qualified investors can also invest in foreign currency denominated bonds, including USD, GBP and Euro bonds.

When you purchase a bond, the issuer is legally obliged to pay you regular interest (referred to as coupons) and at the bond’s maturity, the face value of the bond (which is the price the bond was issued at – usually $100) must be paid back to you.

There are two main differences between corporate bonds and term deposits. Firstly, term deposits are only issued by banks and other financial institutions , whilst corporate bonds are issued by a more diverse range of companies across different sectors including retail, technology, transport and infrastructure. Secondly, term deposits must be held until they mature, whilst corporate bonds can be bought and sold when it suits you any time prior to maturity.

When you purchase shares in a company, you become a part owner of that company and there’s no certainty of income via dividends. With corporate bonds, you lend money to the company that issues the bond and it is legally required to pay you regular interest and repay the face value of the bond when the bond matures. This means that investing in a company’s bond is a lower risk than owning its equity or shares.

Another major difference between shares and bonds is that shares are generally traded on an open exchange such as the ASX, whereas the majority of corporate bonds are traded on the Over the Counter market.