Client Services

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Client Services

TASCORP supplies a number of financial products and services to Tasmanian State Authorities including:
  • Fixed and floating rate loans
  • Interest bearing investments
  • Performance guarantees and other financial commitments, and 
  • Advice on treasury policies and risk management. 

Advisory Services

We offer clients access to our team of experienced financial markets professionals. This service is designed to meet the specific requirements of each client and can include:
  • treasury policy design and implementation
  • treasury policy review and evaluation
  • advice relating to the management of financial markets risks and exposures.
For further advice please call Client Services 

Lending Services

As the central borrowing authority for the State of Tasmania, a core function of TASCORP is the provision of loans and other financing solutions to entities defined as participating authorities under the TASCORP Act. Our financing facilities range from interest only fixed or floating rate loans through to structured funding facilities designed around a client’s cash flow requirements.

Risk Management

Managing risk associated with credit margins, interest rates, commodity prices, and foreign exchange is core to the day to day business operations of TASCORP. TASCORP can help clients manage these risks.

For further information please call Client Services

Investment Products & Services

Only participating authorities (as defined by the TASCORP Act) may deposit funds with TASCORP. For clients that satisfy this definition TASCORP offers a high level of security and market-based rates of return. Our current suite of deposit products are listed below. Should you require information on which investment would best suit your requirements, please contact either Client Services or Financial Markets.

Overnight Deposit Account

Money deposited with TASCORP is secured by a State of Tasmania Government Guarantee.

For indicative interest rates on any of our funds management products please contact: 

Term Deposits

  • Used for: Investing surplus cash for fixed term
  • Investment horizon: Short to medium term
  • Interest term: 1 to 18 months
  • Interest payments: Calculated daily, credited on maturity
  • Minimum transaction size: $100,000
  • Interest rate: Quoted on a deposit by deposit basis
  • Fees: Nil
  • Facility documentation: None required

Overnight Deposit Account

  • Used for: Investing surplus cash at call
  • Investment horizon: Short term
  • Investment term: At call
  • Interest payments: Calculated daily, credited monthly
  • Minimum transaction size: $10,000
  • Return: Official Cash Rate
  • Fees: Nil
  • Facility documentation: None required

Cash Index Fund

  • Used for: Accumulating cash reserves
  • Investment horizon: Medium term
  • Investment term: At least 1 year
  • Interest payments: Calculated and credited daily
  • Minimum transaction size: $1,000,000
  • Contracted return: 90 day UBS Bank Bill Index
  • Facility documentation: Yes, please contact Client Services.
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