Notes to the financial statements
Year ended 31 March 2016
15 Loans and borrowings (continued)
As at 31 March 2016, the Notes issued under MTN are as follows:
(i)
JPY9.6 billion (2015: JPY9.6 billion) Series 003 Notes. The Series 003 Notes will mature on 24 February 2018 and
bear an interest rate of 2.11% per annum, payable semi-annually in arrear.
(ii)
$200.0 million (2015: $200.0 million) Series 004 Notes. The Series 004 Notes will mature on 3 February 2022 and
bear an interest rate of 4.00% per annum, payable semi-annually in arrear.
(iii)
JPY10.0 billion (2015: JPY10.0 billion) Series 005 Notes. The Series 005 Notes will mature on 23 April 2024 and
bear an interest rate of 2.55% per annum, payable semi-annually in arrear.
(iv)
JPY5.0 billion (2015: JPY5.0 billion) Series 006 Notes. The Series 006 Notes will mature on 29 March 2021 and
bear an interest rate of 3-month JPY LIBOR plus 0.50% per annum, payable quarterly in arrear.
(v)
$95.0 million (2015: $95.0 million) Series 007 Notes. The Series 007 Notes will mature on 16 May 2019 and bear
an interest rate of 2.50% per annum, payable semi-annually in arrear.
(vi)
HKD620.0 million (2015: HKD620.0 million) Series 008 Notes. The Series 008 Notes will mature on 26 February
2018 and bear a fixed interest rate of 1.67% per annum, payable quarterly in arrear.
(vii)
HKD640.0 million (2015: HKD640.0 million) Series 009 Notes. The Series 009 Notes will mature on 4 September
2029 and bear a fixed interest rate of 3.64% per annum, payable annually in arrear.
(viii)
$150.0 million (2015: $Nil) Series 010 Notes. The Series 010 Notes will mature on 3 June 2022 and bear a fixed
interest rate of 3.20% per annum, payable semi-annually in arrear.
(ix)
$100.0 million (2015: $Nil) Series 011 Notes. The Series 011 Notes will mature on 3 August 2020 and bear a fixed
interest rate of 2.95% per annum, payable semi-annually in arrear.
(x)
HKD500.0 million (2015: $Nil) Series 012 Notes. The Series 012 Notes will mature on 4 February 2026 and bear a
fixed interest rate of 3.00% per annum, payable annually in arrear.
The Trust has entered into cross currency swaps to swap the Series 003 Notes, the Series 005 Notes, the Series 006
Notes, the Series 008 Notes, the Series 009 Notes and the Series 012 Notes into Singapore dollars (Note 14).
The Group’s weighted average all-in cost of borrowings, including interest rate swaps and amortised costs of borrowings
as at 31 March 2016 is 2.79% (2015: 2.68%) per annum. Total borrowings have a weighted average term remaining of
3.3 years (2015: 3.6 years).
.183
A-REIT ANNUAL REPORT
2015/2016
