❓ Mr. Wyatt inquired about the transaction costs associated with the WA Future Fund's purchase of WATC bonds. The Treasurer responded that the total transaction costs for 17 purchases up to January 31, 2016, amounted to $314.50.
AnsweredQoN 5080Legislative Assembly
QuestionView source ↗
What
are the transaction costs associated with the Western Australian Future Fund’s purchase of Western Australian Treasury Corporation bonds?
are the transaction costs associated with the Western Australian Future Fund’s purchase of Western Australian Treasury Corporation bonds?
AnswerView source ↗
Answered
23 March 2016
Response time
28 days
All bond purchases, including Western Australian Treasury Corporation (WATC) purchased bonds, incur a per transaction fee of $18.50 from Austraclear, Australia’s centralised securities depository and settlement system. The transaction costs for the 17 purchases of WATC bonds by the Future Fund up to 31 January 2016 amounted to $314.50.
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