I found 3.2% with interest payable monthly in one of the big Four (which was matched by another, when I walked around all day between banks. It will be mighty useful to supplement my super, whose performance has not been too crash hot in the past two years. It is a large amount of money and I already have Australian shares (blue chips mainly including banks, of course), and this money was inherited and I really don't want to carry any risk with it. That idea may sound odd, but it has strong family connections for me.
Just a bit nervous with selecting such a long term and almost will guarantee that the next interest rate change will be up.
Of course, real rate of interest is higher due to the monthly payout.
