fixed rate facilities. WARNING ABOUT FIXED RATE FACILITIES If you repay all or any part of the fixed rate facility (including after we take enforcement action), or you request a change to a variable interest rate before the end of the fixed rate term, you must pay break costs in accordance with clause 15.7. If money market rates of interest fall, break costs may be substantial. You can ask us at any time for an estimate of the break costs that may apply under clause 15.7 to a fixed rate facility account. We recommend that you obtain independent advice about the benefits and risks of fixed rate borrowing before you ask us for a fixed rate facility.
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