With step-up in 04/10 interest rate will go up to BBSW+3.9%....

With step-up in 04/10 interest rate will go up to BBSW+3.9%. This is still probably lower than they would get elsewhere. With BBSW 3.2% and rising this is a reasonable return for holders at 7.1% on face value. My entry price was $50 so ROI is effectively 14.2%. Expect BBSW to rise over next couple of years to around 5%

I dont expect redemption in April but I do expect rise in SP, possibly to around mid 70s. Mine is held mainly in a tax free super so am quite happy just to let it sit there.