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You also need to look at how long you plan on holding them. If you're not looking at trading them then the face value is not of as much interest. The official rate has just increased. The expectation is the BBSW will increase over time. In the short term the 3 month rate has been a little down including a low last month which appears to be the lowest for some time.


You need to figure out what you want from the investment and for how long. What are your acceptable ranges?


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