Candour Capital

HSBC 5.722% 2035 Tier 2 subordinated fixed-to-floating bond (AU3CB0319473)

By Allen Lin, Candour Capital

An AUD Tier 2 subordinated fixed-to-floating bond issued by HSBC Holdings PLC, paying 5.722% semi-annual, maturing 2035-03-11, callable by the issuer from 2030-03-11; about AUD 550m outstanding.

IssuerHSBC Holdings PLC
ISINAU3CB0319473
TypeFixed, then floating
RankingTier 2 subordinated
Coupon5.722%
Coupon frequencySemiannually
CurrencyAUD
Issue date2025-03-11
Maturity2035-03-11
First call2030-03-11
Amount outstandingAUD 550m
Minimum investment250,000 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?
250,000 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 3.4 years to first call; the Australian government yield at that term is about 4.92% (RBA, 2026-10-14). Australian rates and credit

Candour market insights

Prices, yields and ratings are in the Candour app for signed-in users.

Sign in for the live price