QBE 2038 subordinated floating rate note (AU3FN0082384)
An AUD subordinated floating rate bond issued by QBE Insurance Group Limited, paying BBSW + 2.55% quarterly, maturing 2038-10-26, callable by the issuer from 2028-10-26; about AUD 330m outstanding.
| Issuer | QBE Insurance Group Limited |
| ISIN | AU3FN0082384 |
| Type | Floating rate |
| Ranking | subordinated |
| Coupon | BBSW + 2.55% |
| Coupon frequency | Quarterly |
| Currency | AUD |
| Issue date | 2023-10-26 |
| Maturity | 2038-10-26 |
| First call | 2028-10-26 |
| Amount outstanding | AUD 330m |
| Minimum investment | 10,000 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?
- 10,000 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 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)
- QBE 2039 Tier 2 subordinated floating rate note (AU3FN0078747)
Rate context
About 2.0 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