There are some aspects of this fund which may require extra consideration before deciding to invest.
Restrictions on transfer
There are rules around transfering in and out of this investment, which may depend on eligibility. For example, overseas investors may not be able to transfer into some New Zealand managed funds. Or there may be restrictions on withdrawals, such as not until age 65 for KiwiSaver funds.
Issuer's description of this product:
Offer for unsecured Deposits and Redeemable Shares issued by Wairarapa Building Society (WBS)
Minimum investment
This is the minimum amount you would need to put into this in order to invest.
Closing date
This offer does not have a closing date and is a continuous issue. It's likely you'll be able to invest for the forseeable future.
Maturity
This investment does not have a fixed date of maturity, which can mean flexible or multiple terms are available.
Rate
This investment offer does not have a single set rate. This may mean that the rate is variable or that there are multiple rates available.
Key facts
Provider website
Minimum total to be raised
The issuer of this investment has indicated that a minimum of $1.00 must be raised before it is issued.
Issuer's industry
Financial/insurance
Credit ratings
Credit ratings can help you understand whether your investment in bonds will pay or if you'll get your money back. They indicate the long-term ability of the issuer to repay its debts. See also the Reserve Bank's primer on credit ratings and a map of the three scales used by the rating agencies.
(Fitch Ratings)
This is the credit rating for this particular bond or debt security.
Issuer credit rating
(Fitch Ratings)
This is the credit rating for the organisation issuing the bond or debt security.
Maturity
Maturity conditions description
Variable maturities depending on the type and term of the investment
Rate
Rate calculation description
Interest is calculated on a daily basis on the balance of the investment and is paid on the frequency agreed at the time of making the investment
Key documents
These are the most important documents that a provider is required to file about this investment.
Product disclosure statement
Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.
WBS Product Disclosure Statement 13 December 2024.pdf
How this investment works, including about the provider, risks, costs and potential returns
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
WBS Rules.pdf
WBS New Call Investment Application Form.pdf
WBS New Term Investment Application Form.pdf
WBS Rate Card.pdf
WBS Statement of Key Ratios and Selected Financial Information - as at 31 March 2017.pdf
WBS Statement of Key Ratios and Selected Financial Information - as at 31 March 2018.pdf
Investment Rates 11 June 2019.pdf
Statement of Key Ratios and Selected Financial Information as at 31 March 2019.pdf
Investment Rates 6 August 2019.pdf
Investment rates 7 August 2019.pdf
Investment Rates - 9 AUG 2019.pdf
WBS current investment rates - effective from 7 January 2020.pdf
Current Rates - 29 MAY 2020.pdf
WBS Current Rates - 7 July 2020.pdf
WBS Statement of Key Ratios and Selected Financial Information - as at 31 March 2020.pdf
WBS Statement of Key Ratios and Selected Financial Information - as at 31 March 2017.pdf
WBS Statement of Key Ratios and Selected Financial Information - as at 31 March 2021.pdf
WBS Current Rates - 15 November 2021.pdf
WBS Current Rates - 22 November 2021.pdf
WBS Current Rates - 1 January 2022.pdf
WBS Current Investment Rates - 5 February 2022.pdf
WBS Current Investment Rates - 1 March 2022.pdf
WBS Current Investment Rates - 2 April 2022.pdf
WBS Current Investment Rates - 21 May 2022.pdf
WBS Current Investment Rates - 1 June 2022.pdf
WBS Current Investment Rates - 17 June 2022.pdf
WBS Statement of Key Ratios and Selected Financial Information - as at 31 March 2022.pdf
New call investment application form.pdf
New term investment application form.pdf
WBS Current Investment Rates - 16 July 2022.pdf
WBS Current Investment Rates - 30 July 2022.pdf
WBS Current Investment Rates - 6 August 2022.pdf
WBS Current Investment Rates - 19 November 2022.pdf
WBS Current Investment Rates - 6 December 2022.pdf
WBS Current Investment Rates - 21.01.2023.pdf
WBS Current Investment Rates - 29 April 2023.pdf
WBS Current Investment Rates - 9 May 2023.pdf
WBS Current Investment Rates - 17 May 2023.pdf
Notice in relation to board of Wairarapa Building Society 29 May 2023.pdf
Notice in relation to board of Wairarapa Building Society 29 May 2023.pdf
WBS Current Investment Rates - 9 June 2023.pdf
WBS RULES - Registered 15 June 2023.pdf
Notice in relation to Borrower concentrations 30 June 2023.pdf
Investment Rates - 2023-07-28.pdf
Statement of Key Ratios 31 March 2023.pdf
Investment Rates - 2023-09-09.pdf
Investment Rates - 2024-01-16.pdf
WBS Current Investment Rates - 30.03.24.pdf
WBS Current Investment Rates - 10.08.2024pdf.pdf
WBS Current Investment Rates - 24.08.2024.pdf
WBS Current Investment Rates - 02.09.2024.pdf
WBS Current Investment Rates - 28.09.2024.pdf
WBS Current Investment Rates - 19.10.2024.pdf
WBS Current Investment Rates -09.11.2024.pdf
WBS Current Investment Rates - 07.12.2024.pdf
WBS Current Investment Rates - 15.02.2025.pdf
WBS Current Investment Rates - 1.03.2025.pdf
Additional details
Issuer details
Name
WAIRARAPA BUILDING SOCIETY
Type
Building Society
Industry
Financial/insurance
Website
Registration number in country of origin
NEW ZEALAND
NZBN
9429043042678
FSP Number
Credit rating
BB+ Stable (Fitch Ratings) on 27 September 2016
Supervisor
Name
TRUSTEES EXECUTORS LIMITED
Offer details
Date registered
25 November 2016
Date opened
28 November 2016
Closing date
None
Offer credit rating
BB+ Stable (Fitch Ratings) on 18 December 2024
Continuous issue
Yes
Further payments may be required
No
Restrictions on transfer
Yes
Issuer can withhold, reduce, or delay payment
No
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR11043: WAIRARAPA BUILDING SOCIETY
Next steps
Want to know more about this investment or how it compares to others? Have a look at its peers.
Product disclosure statement
Take a deeper dive into the PDS, which has essential details about this offer and the company providing it. Here's more on how to read a PDS.
Getting investment advice
Good advice is gold. Everyone can benefit from expert advice, provided the adviser has your interests at heart. Here's how to find one and key questions to ask.
Interested in investing in this offer? Visit the provider's website. wbs.net.nz