SAFA  Indicative Short Term Rates                                      
Updated                  22 June 2021                                      

Promissory Notes                          AONIA Linked FRNs                    

TERM       Rate %                   Maturity          Margin    Avail $'m  
1M             NA                                               
2M             NA                     13/09/2021            0              500    
3M             NA                     23/12/2021            1              300     
4M             NA                     13/04/2022            2              250      
5M             NA                                        
6M             NA

SAFA Euro-Commercial Paper Indicative Rates                                  
Start Date: 24/06/2021            

TERM            MATURITY    AUD* %                                    
1M                 26/07/2021      NA
2M                 24/08/2021      NA                                  
3M                 24/09/2021      NA                                   
4M                 25/10/2021      NA                                  
5M                 24/11/2021      NA                                
6M                 24/12/2021      NA 
9M                 24/03/2022      NA                                 
360 days        17/06/2022      N A                                

* Target AUD Interest rates on a 360 day count basis                        
* Issues can be in either USD, EUR or AUD, any issues done in USD or EUR to be
swapped into AUD to achieve above target levels


Davide Caravaglio  +61 8 8429 0898 (Including AH)
Daphne Zhang  +61 8 8429 0592
Don Munro  +61 8 8429 0468  |  AH +61 438 894 610
Andrew Kennedy  +61 8 8429 0416  |  AH +61 419 278 002