❓ Question regarding the impact of WA's credit rating downgrade on the Western Australian Future Fund's investment options, specifically concerning state government bonds and yield expectations.
AnsweredQoN 5069Legislative Assembly
QuestionView source ↗
I
refer to the recent downgrading of WA's credit rating to AA2 and ask: (a) will
this mean that the only Australian semi-government bonds that can be purchased
in the future by the Western Australian Future Fund are those issued by WA Treasury Corporation; and (b) if
no to (1), what other State Government bonds does the Treasurer expect will
provide a higher yield than WA bonds and why?
refer to the recent downgrading of WA's credit rating to AA2 and ask: (a) will
this mean that the only Australian semi-government bonds that can be purchased
in the future by the Western Australian Future Fund are those issued by WA Treasury Corporation; and (b) if
no to (1), what other State Government bonds does the Treasurer expect will
provide a higher yield than WA bonds and why?
AnswerView source ↗
Answered
24 March 2016
Responded by
Minister for Finance
Response time
29 days
Please refer to Legislative Assembly Question on Notice 5087.
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