QLDIn ForceAct
Land Valuation Act 2010
sec.21What is the weighted bond rate
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### sec.21 What is the weighted bond rate
The weighted bond rate is the following interest rate, plus 3%—
the interest calculated at the monthly yield rate published by the Reserve Bank of Australia relating to government bonds for a 10-year period on borrowed funds that have not been repaid;
if there is no monthly yield rate published as mentioned in paragraph (a) —the interest rate prescribed under a regulation.
- (a) the interest calculated at the monthly yield rate published by the Reserve Bank of Australia relating to government bonds for a 10-year period on borrowed funds that have not been repaid;
- (b) if there is no monthly yield rate published as mentioned in paragraph (a) —the interest rate prescribed under a regulation.