How to buy XTBs
Firstly, you should take a look at our range of XTBs, selected from some of Australia’s biggest companies.
When considering which XTBs meet your investment objectives you may want to consider:
- What yield are you looking for?
- How long do you wish to invest for?
- Your preference for fixed or floating rate bonds
Planning your investment
Use our Cash Flow Tool to plan your investment. Calculate when you will receive your income and the date that you will receive the face value of your bonds back when they mature.
Example portfolio (5 XTBs) Cash Flow results:
Always read the relevant Product Disclosure Statement (PDS) for the XTBs you are going to invest in.
You should also know the brokerage fee. Depending on your broker, this can range from 0.10% to 1%, depending on the size of the transaction. If you’re unsure, speak to your broker to confirm their brokerage rate.
Bell Direct is currently offering 0% brokerage when you invest in XTBs.
Find out more
Unlike over-the-counter corporate bonds, all XTB costs are incorporated into the XTB price. There are no custody fees and if you hold to maturity, brokerage fees are only applicable when you buy your XTBs.
Trade using your broker of choice:
Investing in XTBs is just like investing in shares. There’s no minimum investment amount and no additional paperwork.
To trade, just find the 6 digit code for the XTB you want to invest in and use it to find the XTB on your broker platform.
All XTB codes begin with YTM. e.g. the code for the AGL Energy XTB is: YTMAGL.
You can trade XTBs through any broker that allows you to trade securities on the ASX.
Key online brokers
XTBs are also available on other brokerage platforms. If your broker is not listed above, please contact them to check how you can invest in XTBs.
First time trading?
Bell Direct may be a great option to choose for your first trade, as they are currently offering brokerage-free trading for XTBs. Find out more here.
If you’re trading using an online broker, placing a trade for the first time can introduce you to terms that you may not be familiar with.
Example trading screen
Code: Enter the 6 digit XTB code (starting with YTM) for the XTB units you’d like to buy (or sell).
Quantity: Enter the number of XTB units you’d like to buy (or sell).
Price limit: Tick the box ‘At Market’ to buy at the XTB’s current price.
Expiry: Tick the box ‘Good for day’ to buy at the XTB’s price at the closing of trade for that day.
If you’re using an online broker, you may see ‘Theta Asset Ltd’ during the trading process. Theta Asset Management Ltd is the ‘Responsible Entity’ for XTBs.
Full service brokers
XTBs are also available through full service brokers, including:
Visit our FAQs page to find out more about XTBs.
If you have any questions that aren’t answered on the FAQs page, our CEO Richard Murphy will answer them personally. Enter your questions below and Richard will get back to you shortly.