Fixed income at a glance
- Instrument type
- Other Fixed Income
- Issuer
- Parramore Treasury Group
- Minimum investment
- $19,000
- Initial term
- 3 years
- Security
- Unsecured
- Credit rating
- Not externally rated
- Currency
- AUD
- Listing status
- Open for enquiries
Instrument, issuer and offer information has been supplied by the issuer, provider or appointed representative. Investing.com.au does not assess creditworthiness or verify repayment capacity.
Instrument overview
This is a temporary sample listing created to illustrate the Fixed Income Funds category while the platform prepares for launch. It does not represent a real, currently available investment opportunity. Once the platform is live, genuine submitted listings will replace this placeholder.
Key terms
| Term | Detail |
|---|---|
| Issuer | Parramore Treasury Group |
| Instrument | Other Fixed Income |
| Initial term | 3 years |
| Minimum investment | $19,000 |
| Security | Unsecured |
Coupon and income payments
A coupon rate has been supplied without a stated payment frequency and calculation basis, so it is not displayed. Prospective investors should request the coupon terms from the issuer.
Coupon payments depend on the issuer meeting its obligations. They are not guaranteed.
Maturity and redemption
- Initial term
- 3 years
Security
This instrument is not secured over any specific asset. On insolvency, holders rank with other unsecured creditors and have no asset to enforce against.
Issuer overview
Issuer
Provider confirmed
- Trading name
- Parramore Treasury Group
Confirmation relates to the identity and stated business relationship of the issuer or provider. It is not an assessment of creditworthiness or repayment capacity.
Credit rating
No independent credit rating agency has assessed this instrument or issuer.
How does the issuer expect to repay the principal?
No repayment source has been disclosed for this instrument. Prospective investors should ask the issuer how it expects to repay principal at maturity.
Transferability and liquidity
No established secondary market
Investors may be unable to sell the security before maturity, or may be required to accept a price below face value.
Default and enforcement
No default or enforcement terms have been disclosed for this instrument. Prospective investors should request the note or trust deed and confirm what rights holders have if the issuer fails to pay.
Offer provider and distribution
- Offer provider
- Parramore Treasury Group
The parties above perform different roles in relation to this offer. Confirmation of identity does not mean any of them endorses the instrument or the issuer.
Risks
Fixed income investments involve credit and liquidity risk. Interest payments and repayment of principal depend on the issuer meeting its obligations, and investors may lose some or all of their investment.
Issuer default
The issuer may fail to pay coupons or repay principal when due.
Loss of capital
You may lose some or all of the amount invested.
Interest-payment failure
Coupon payments may be missed, reduced, deferred or suspended.
Credit deterioration
The financial position of the issuer may worsen during the term.
Illiquidity
You may be unable to sell the security before maturity.
Market-price risk
If the security can be sold, the price may be below face value.
Interest-rate risk
Rising market rates may reduce the value of a fixed-rate security.
Inflation risk
Inflation may reduce the real value of fixed coupon payments and principal.
Reinvestment risk
Coupons or early repayments may only be reinvested at lower rates.
Call risk
The issuer may redeem early, ending the income stream sooner than expected.
Extension risk
The term may be extended, delaying repayment of principal.
Refinancing risk
Repayment may depend on the issuer refinancing, which may not be available.
Covenant risk
Covenants may be breached, waived or provide less protection than expected.
Enforcement risk
Enforcement may be delayed, costly or recover less than the amount owing.
Guarantor risk
A guarantee is only as valuable as the assets of the guarantor.
Currency risk
Movements in exchange rates may affect returns on foreign-currency securities.
Regulatory and tax risk
Changes in law or tax treatment may affect returns.
Counterparty risk
Other parties to the transaction may fail to meet their obligations.
Trustee risk
Holders may depend on a trustee acting on their behalf and on collective decisions.
Related-party risk
Dealings between connected parties may create conflicts of interest.
Insolvency risk
On insolvency, holders rank according to the transaction documents and may recover nothing.
Security-value risk
Where secured, the value of the secured assets may fall below the amount owing.
Subordination
Claims ranking ahead of this instrument are paid first on insolvency.
Structural subordination
Creditors of operating subsidiaries may be paid before creditors of a holding company issuer.
No secondary market
There may be no market in which to sell the security before maturity.
Documents and data room
Offer documents, note and trust deeds, security documents, issuer financial statements and application information are available to eligible investors after identity confirmation and completion of the confidentiality process.
Request Data Room AccessRequest investment information
Receive the available offer information and connect directly with the issuer or authorised representative. Access may require identity confirmation, investor qualification, a confidentiality agreement and provider approval.