Interest and exchange rate forecasts 2-jun-2010.

ANZ      Cash   90     3yr    10yr
         Rate   Days   Bond   Bond
Current  4.50   4.88   4.79   5.43
Jun-10   4.50   4.80   4.70   5.30
Sep-10   4.75   5.00   4.90   5.40
Dec-10   5.50   5.30   5.10   5.50
Mar-11   5.25   5.60   5.50   5.70
Jun-11   5.50   6.00   5.70   5.80

CBA     Cash  90    180   3yr   10yr
        Rate  Days  Days  Bond  Bond
Jun-10  4.50  4.90  5.00  5.00  5.60
Sep-10  4.75  5.20  5.40  5.40  5.80
Dec-10  5.00  5.30  5.50  5.65  5.90
Mar-11  5.25  5.40  5.50  5.80  6.00
Jun-11  5.50  5.70  5.80  5.85  6.00
Sep-11  5.75  6.00  6.10  5.90  6.00
Dec-11  6.00  6.20  6.25  5.85  5.90

Westpac  Cash   90     3yr    10yr
         Rate   Days   Bond   Bond
Jun-10   4.50   4.83   5.20   5.42
Sep-10   4.75   5.00   5.50   5.60
Dec-10   5.00   5.20   5.90   5.90
Mar-11   5.00   5.20   5.90   5.90
Jun-11   5.25   5.50   6.10   6.00
Sep-11   5.50   5.75   6.25   6.00

EXCHANGE RATES
ANZ       USD    AUD    AUD    AUD
          AUD    JPY    EUR    GBP
Current   0.84   77.4   0.69   0.58
Jun-10    0.84   78.1   0.68   0.59
Sep-10    0.88   83.6   0.73   0.63
Dec-10    0.90   86.4   0.76   0.63
Mar-11    0.92   89.2   0.81   0.62
Jun-11    0.94   92.1   0.84   0.62

CBA       USD    USD     USD    USD
          AUD    JPY     EUR    GBP
Jun-10    0.85   92.0    1.24   1.44
Sep-10    0.87   93.0    1.20   1.43
Dec-10    0.82   95.0    1.15   1.45
Mar-11    0.81   98.0    1.10   1.43
Jun-11    0.82   100.0   1.12   1.45
Sep-11    0.85   105.0   1.15   1.48
Dec-11    0.85   107.0   1.15   1.50

WBC      USD    USD    USD
         AUD    JPY    EUR
Jun-10   0.85   92.0   1.24
Sep-10   0.88   92.0   1.22
Dec-10   0.90   95.0   1.22
Mar-11   0.92   98.0   1.18
Jun-11   0.90  102.0   1.18
Sep-11   0.88  105.0   1.16