Issuer's description of this product:
Secured debt securities
Minimum investment
$10,000
This is the minimum amount you would need to put into this in order to invest.
Closing date
Ongoing
This offer does not have a closing date and is a continuous issue. It's likely you'll be able to invest for the foreseeable future.
Maturity
Non-fixed
This investment does not have a fixed date of maturity, which can mean flexible or multiple terms are available.
Rate
Non-fixed
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.
The details
Key facts
Provider website
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.
Investment credit rating
B-
This is the credit rating for this particular bond or debt security.
Issuer credit rating
Not providedMaturity
Non-fixed
Maturity conditions description
Term deposits are issued with a fixed term ranging from 3 months to 5 years.
Notice deposits (if offered in the future) do not have a fixed term or maturity, and the notice period may range from 30-120 days.
Call deposits (if offered in the future) do not have a fixed term or maturity.
Rate
Non-fixed
Rate calculation description
Interest rates are set by Welcome Limited, and depend upon the length of the investment term. Interest rates can be found on Welcome Limited's website, and are subject to change without notice. Interest rates on term deposits will be fixed for the term of the deposit, unless otherwise agreed. Interest rates for call and notice deposits (if offered in the future) are variable and subject to change during the term of the deposits.
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.
Welcome Limited Product Disclosure Statement 27 February 2026.pdf
How this investment works, including about the provider, risks, costs and potential returns
PDF, 667.46 KB
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
Welcome Limited Rankingandsecurity.pdf
Additional product disclosure statement from the provider
PDF, 68.79 KB
Additional details
Issuer details
Name
WELCOME LIMITED
Type
NZ Limited Company
Industry
Financial/insurance
Website
NZBN
9429051937928
FSP Number
FSP1007093
Credit rating
Not provided
Supervisor
Name
COVENANT TRUSTEE SERVICES LIMITED
Offer details
Date registered
1 July 2025
Date opened
9 July 2025
Closing date
None
Offer credit rating
B- on 17 February 2026
Continuous issue
Yes
Further payments may be required
No
Restrictions on transfer
Yes
Restrictions on acquisition
No
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR13949: WELCOME LIMITED OFFER OF SECURED DEPOSITS