QBE 2039 Tier 2 subordinated floating rate note (AU3FN0078747)
An AUD Tier 2 subordinated floating rate bond issued by QBE Insurance Group Limited, paying BBSW + 3.10% quarterly, maturing 2039-06-28, callable by the issuer from 2029-06-28; about AUD 300m outstanding.
| Issuer | QBE Insurance Group Limited |
| ISIN | AU3FN0078747 |
| Type | Floating rate |
| Ranking | Tier 2 subordinated |
| Coupon | BBSW + 3.10% |
| Coupon frequency | Quarterly |
| Currency | AUD |
| Issue date | 2023-06-28 |
| Maturity | 2039-06-28 |
| First call | 2029-06-28 |
| Amount outstanding | AUD 300m |
| 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 6.303% 2039 Tier 2 subordinated fixed-to-floating bond (AU3CB0313229)
- QBE Perpetual Additional Tier 1 (AT1) floating rate note (AU3FN0110086)
- QBE 2036 Tier 2 subordinated floating rate note (AU3FN0098729)
Rate context
About 2.7 years to first call; the Australian government yield at that term is about 4.91% (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