Challenger 7.186% 2037 Tier 2 subordinated fixed-to-floating bond (AU3CB0292324)
An AUD Tier 2 subordinated fixed-to-floating bond issued by Challenger Life Company Ltd, paying 7.186% semi-annual, maturing 2037-09-16, callable by the issuer from 2027-09-16; about AUD 400m outstanding.
| Issuer | Challenger Life Company Ltd |
| ISIN | AU3CB0292324 |
| Type | Fixed, then floating |
| Ranking | Tier 2 subordinated |
| Coupon | 7.186% |
| Coupon frequency | Semiannually |
| Currency | AUD |
| Issue date | 2022-09-16 |
| Maturity | 2037-09-16 |
| First call | 2027-09-16 |
| Amount outstanding | AUD 400m |
| Minimum investment | 100,000 AUD |
Questions
- Who can buy this bond?
- Through Candour Capital, wholesale and professional investors only (for example with an accountant's s708 certificate).
- What is the minimum investment?
- 100,000 AUD, then in the denominations the terms set.
- How is it bought and held?
- Through a Candour Capital adviser; it settles in Austraclear and is held in your custody or platform account.
- Where are the price and yield?
- Live reference prices and yields are in the Candour app for signed-in users and change with the market.
Other bonds from this issuer
Rate context
About 0.9 years to first call; the Australian 2-year government yield is about 4.92% (RBA, 2026-10-14). Australian rates and credit
Prices, yields and ratings are in the Candour app for signed-in users.
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