Macquarie Income Securities

Macquarie Income Securities (MIS) are stapled securities comprising a preference share and a holder’s interest. MIS are quoted on the Australian Securities Exchange under the code ‘MBLHB’.

Important information

ASIC has published guidance which may be relevant to your consideration of whether to invest in MIS – namely, information for retail investors who are considering investing in hybrid securities called “Hybrid securities and notes” (under the heading “Complex investments” at www.moneysmart.gov.au/investing). ASIC’s guidance includes a series of questions you may wish to ask yourself, and a short quiz you can complete, to check your understanding of how hybrids work, their features and the risks of investing in them. Free copies of this ASIC guidance can be obtained from ASIC’s website at www.moneysmart.gov.au/investing or by calling ASIC on 1300 300 630 (from Australia) or +61 3 5177 3988 (from outside Australia).

The MIS offer a floating rate of interest which is set quarterly and is calculated by adding 1.7 per cent per annum to the Base Interest Rate.

The Base Interest Rate is the average mid rate for 90 day bank bills on the date the interest rate is set each quarter.

Note: Prior to January 2003, the interest paid on the MIS was the greater of 7.25 per cent per annum or the Base Interest Rate plus 1.7 per cent per annum

The MIS pay quarterly distributions in arrears on or about:

  • 15 January 
  • 15 April
  • 15 July
  • 15 October

If any of these dates are not a business day, the distribution will be paid on the next business day.

Payment dateDistribution period (inclusive)Record dateNo. of daysInterest rateApproximate payment per security ($A)
16/07/2018 15/04/2018 - 14/07/2018 29/06/2018 91 3.78% $0.94
16/04/2018 15/01/2018 - 14/04/2018 28/03/2018 90 3.50% $0.86
15/01/2018 15/10/2017 - 14/01/2018 28/12/2017 92 3.40% $0.86
16/10/2017 15/07/2017 - 14/10/2017 29/09/2017 92 3.40% $0.86
17/07/2017 15/04/2017 - 14/07/2017 30/06/2017 91 3.47% $0.86
18/04/2017 15/01/2017 - 14/04/2017 30/03/2017 90 3.48% $0.86
16/01/2017 15/10/2016 - 14/01/2017 29/12/2016 92 3.45% $0.86
17/10/2016 15/07/2016 - 14/10/2016 29/09/2016 92 3.66% $0.92
15/07/2016 15/04/2016 - 14/07/2016 30/06/2016 91 3.99% $0.99
15/04/2016 15/01/2016 - 14/04/2016 31/03/2016 91 4.01% $0.99
15/01/2016 15/10/2015 - 14/01/2016 30/12/2015 92 3.86% $0.97
15/10/2015 15/07/2015 - 14/10/2015 29/09/2015 92 3.85% $0.97
15/07/2015 15/04/2015 - 14/07/2015 30/06/2015 91 3.97% $0.99
15/04/2015 15/01/2015 - 14/04/2015 27/03/2015 90 4.44% $1.09
15/01/2015 15/10/2014 - 14/01/2015 30/12/2014 92 4.41% $1.11
15/10/2014 15/07/2014 - 14/10/2014 29/09/2014 92 4.37% $1.10
15/07/2014 15/04/2014 - 14/07/2014 30/06/2014 91 4.41% $1.09
15/04/2014 15/01/2014 -14/04/2014 31/03/2014 90 4.35% $1.07
15/01/2014 15/10/2013 - 14/01/2014 30/12/2013 92 4.28% $1.07
15/10/2013 15/07/2013 - 14/10/2013 27/09/2013 92 4.45% $1.12
15/07/2013 15/04/2013 - 14/07/2013 28/06/2013 91 4.75% $1.18
15/04/2013 15/01/2013 - 14/04/2013 27/03/2013 90 4.76% $1.17
15/01/2013 15/10/2012 - 14/01/2013 28/12/2012 92 4.88% $1.23
15/10/2012 15/7/2012 - 14/10/2012 27/09/2012 92 5.21% $1.31
16/07/2012 15/04/2012 - 14/07/2012 29/06/2012 91 5.91% $1.47
16/04/2012 15/01/2012 - 14/04/2012 28/03/2012 91 6.09% $1.52
16/01/2012 15/10/11 - 14/01/12 29/12/2011 92 6.46% $1.63
17/10/2011 15/07/11 - 14/10/11 29/09/2011 92 6.70% $1.69
15/07/2011 15/04/11 - 14/07/11 30/06/2011 91 6.62% $1.65
15/04/2011 15/01/11 - 14/04/11 31/03/2011 90 6.67% $1.64
17/01/2011 15/10/10 - 14/01/11 30/12/2010 92 6.51% $1.64
15/10/2010 15/07/10 - 14/10/10 29/09/2010 92 6.60% $1.66
15/07/2010 15/04/10 - 14/07/10 30/06/2010 91 6.31% $1.57
15/04/2010 15/01/10 - 14/04/10 29/03/2010 90 5.97% $1.47
15/01/2010 15/10/09 - 14/01/10 30/12/2009 92 5.55% $1.40
15/10/2009 15/07/09 - 14/10/09 29/09/2009 92 4.89% $1.23
15/07/2009 15/04/09 - 14/07/09 30/06/2009 91 4.89% $1.22
15/04/2009 15/01/09 - 14/04/09 27/03/2008 90 5.62% $1.39
15/01/2009 15/10/08 - 14/01/09 30/12/2008 92 7.77% $1.96
15/10/2008 15/07/08 - 14/10/08 29/09/2008 92 7.83% $2.40
15/07/2008 15/04/08 - 14/07/08 30/06/2008 92 9.53% $2.39
15/04/2008 15/01/08 - 14/04/08 31/03/2008 91 8.85% $2.43
15/01/2008 15/10/07 - 14/01/08 28/12/2007 92 8.62% $2.17
15/10/2007 16/07/07 - 14/10/07 27/09/2007 91 8.13% $2.03
16/07/2007 16/04/07 - 15/07/07 29/06/2007 91 8.23% $2.05
16/04/2007 15/01/07 - 15/04/07 28/03/2007 91 8.15% $2.03
15/01/2007 16/10/06 - 14/01/07 28/12/2006 91 7.99% $1.99
16/10/2006 17/07/06 - 15/10/06 28/09/2006 91 7.81% $1.95
17/07/2006 18/04/06 - 16/07/06 30/06/2006 90 7.42% $1.83
18/04/2006 16/01/06 - 17/04/06 30/03/2006 92 7.33% $1.85
16/01/2006 17/10/05 - 15/01/06 29/12/2005 91 7.35% $1.83
17/10/2005 15/07/05 - 16/10/05 29/09/2005 94 7.35% $1.89
15/07/2005 15/04/05 - 14/07/05 30/06/2005 91 7.44% $1.85
15/04/2005 17/01/05 - 14/04/05 31/03/2005 88 7.11% $1.71
17/01/2005 15/10/04 - 16/01/05 30/12/2004 94 7.12% $1.83
15/10/2004 15/07/04 - 14/10/04 29/09/2004 92 7.17% $1.81
15/07/2004 15/04/04 - 14/07/04 30/06/2004 91 7.24% $1.81
15/04/2004 15/01/04 - 14/04/04 29/03/2004 91 7.24% $1.81
15/01/2004 15/10/03 - 14/01/04 30/12/2003 92 6.69% $1.69
15/10/2003 15/07/03 - 14/10/03 29/09/2003 92 6.43% $1.62
15/07/2003 15/04/03- 14/07/03 30/06/2003 91 6.52% $1.62
15/04/2003 15/01/03 - 14/04/03 31/03/2003 90 6.53% $1.63
15/01/2003 15/10/02 - 14/01/03 30/12/2002 92 7.25%* $1.83
15/10/2002 16/07/02 - 14/10/02 27/09/2002 92 7.25%* $1.83
15/07/2002 15/04/02 - 15/07/02 28/06/2002 91 7.25%* $1.81
14/04/2002 15/01/02 - 14/04/02 27/03/2002 90 7.25%* $1.79
15/01/2002 15/10/01 - 14/01/02 28/12/2001 92 7.25%* $1.83
15/10/2001 16/07/01 - 14/10/01 27/09/2001 91 7.25%* $1.81
16/07/2001 17/04/01 - 15/07/01 29/06/2001 90 7.25%* $1.79
17/04/2001 15/01/01 - 16/04/01 29/03/2001 92 7.69%* $1.94
15/01/2001 16/10/00 - 14/01/01 28/12/2000 91 8.15%* $2.03
16/10/2000 17/07/00 - 15/10/00 28/09/2000 91 7.90%* $1.97
17/07/2000 17/04/00 - 16/07/00 30/06/2000 91 7.63%* $1.90
17/04/2000 17/01/00 - 16/04/00 31/03/2000 91 7.37%* $1.84
17/01/2000 19/11/99 - 16/01/00 29/12/1999 59 7.25%* $1.17

* Rate +1.7% or 7.25% up to 15 January 2003

MIS distribution payments have been classified for tax purposes as non-share equity distributions since 1 July 2004.

Refer to Documentation for more information.