Bank Bills and NCDs

Bank Bills and Negotiable Certificates of Deposit (NCDs) are issued by banks and other financial institutions as part of their wholesale funding methodology.  These securities are sold into the wholesale market, and can be purchased directly from the issuing banks or other market participants.  RIM Securities provides our customers access to the domestic wholesale market, giving investors access to a wide array of financial institution debt instruments.  Investors benefit from RIMsec's expertise in these markets, along with our ability to execute and settle trades on your behalf.  Securities purchased by investors can be traded via Austraclear, held in safe custody by the issuer, or held in safe custody by a custodial agent.

RIMsec can also provide investors with guidance on portfolio construction, along with assisting customers in ascertaining revaluation prices and, should it be required, secondary market liquidity.

For more information on bank bills and NCDs that can be purchased via RIM Securities please contact any of our sales team in Queensland, Victoria or South Australia.