Macquarie 5.953% 2034 Tier 2 subordinated fixed-to-floating bond (AU3CB0307023)
An AUD Tier 2 subordinated fixed-to-floating bond issued by Macquarie Bank Ltd, paying 5.953% semi-annual, maturing 2034-03-01, callable by the issuer from 2029-03-01; about AUD 600m outstanding.
| Issuer | Macquarie Bank Ltd |
| ISIN | AU3CB0307023 |
| Type | Fixed, then floating |
| Ranking | Tier 2 subordinated |
| Coupon | 5.953% |
| Coupon frequency | Semiannually |
| Currency | AUD |
| Issue date | 2024-03-01 |
| Maturity | 2034-03-01 |
| First call | 2029-03-01 |
| Amount outstanding | AUD 600m |
| Minimum investment | 200,000 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?
- 200,000 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
- Macquarie 2041 Tier 2 subordinated floating rate note (AU3FN0115549)
- Macquarie 2027 senior unsecured floating rate note (AU3FN0067930)
- Macquarie 2030 senior unsecured floating rate note (AU3FN0100111)
- Macquarie 2027 senior unsecured floating rate note (AU3FN0102802)
- Macquarie 2029 senior unsecured floating rate note (AU3FN0108890)
- Macquarie 2036 Tier 2 subordinated floating rate note (AU3FN0107488)
- Macquarie 6.578% 2037 Tier 2 subordinated fixed-to-floating bond (AU3CB0340297)
- Macquarie 5.365% 2029 senior unsecured fixed rate bond (AU3CB0333441)
Rate context
About 2.4 years to first call; the Australian government yield at that term 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.
Sign in for the live price