QBE 6.303% 2039 Tier 2 subordinated fixed-to-floating bond (AU3CB0313229)
An AUD Tier 2 subordinated fixed-to-floating bond issued by QBE Insurance Group Limited, paying 6.303% semi-annual, maturing 2039-09-11, callable by the issuer from 2034-09-11; about AUD 350m outstanding.
| Issuer | QBE Insurance Group Limited |
| ISIN | AU3CB0313229 |
| Type | Fixed, then floating |
| Ranking | Tier 2 subordinated |
| Coupon | 6.303% |
| Coupon frequency | Semiannually |
| Currency | AUD |
| Issue date | 2024-09-11 |
| Maturity | 2039-09-11 |
| First call | 2034-09-11 |
| Amount outstanding | AUD 350m |
| 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
- QBE 2038 subordinated floating rate note (AU3FN0082384)
- QBE 2036 Tier 2 subordinated floating rate note (AU3FN0093852)
- QBE 5.802% 2036 Tier 2 subordinated fixed-to-floating bond (AU3CB0321834)
- QBE 2035 Tier 2 subordinated floating rate note (AU3FN0091427)
- QBE Perpetual Additional Tier 1 (AT1) floating rate note (AU3FN0110086)
- QBE 2036 Tier 2 subordinated floating rate note (AU3FN0098729)
- QBE 2039 Tier 2 subordinated floating rate note (AU3FN0078747)
Rate context
About 7.9 years to first call; the Australian government yield at that term is about 5.17% (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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