Correction, BBSW 1 month + 2.12% per annum as shown on page 21...

Correction, BBSW 1 month + 2.12% per annum as shown on page 21 of their half yearly (see

https://www.asx.com.au/asxpdf/20180222/pdf/43rtb609wgw6fr.pdf
)
. So the NAB facility costs exactly 4.00% at the moment. Now with $50mill debt funding at 7.25% their average would be higher than 4%.


Given NAB facility was drawn to $125m at end of march (see
https://www.asx.com.au/asxpdf/20180411/pdf/43t3l8nmrh43gb.pdf), the weighted average (excluding whatever is drawn in the ASB $20m facility) is (125*4% +50*7.25%)/175=4.93%.