SAFA  Indicative Short Term Rates                                      
Updated                 8 October 2020                                      

Promissory Notes                          AONIA Linked FRNs                    

TERM       Rate %                   Maturity          Margin    Avail $'m  
1M             0.070                     16/12/2020        0             0      
2M             0.070                     06/04/2021        2             0      
3M             0.070                     15/06/2021        4             500      
4M             0.100                     13/09/2021        8             500      
5M             0.110                     13/12/2021        9             500      
6M             0.120                                                           


SAFA Euro-Commercial Paper Indicative Rates                                  
Start Date: 13/10/2020            

TERM            MATURITY    AUD* %                                    
1M                 26/10/2020    0.040
2M                 25/11/2020    0.040                                    
3M                 29/12/2020    0.040                                    
4M                 25/01/2021    0.050                                    
5M                 25/02/2021    0.055                                    
6M                 25/03/2021    0.055                                    
9M                 25/06/2021    0.070                                    
360 days     18/09/2021    0.080                                   

* 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


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