NAB 2043 Tier 2 subordinated floating rate note (AU3FN0083556)
An AUD Tier 2 subordinated floating rate bond issued by National Australia Bank Limited, paying BBSW + 2.50% quarterly, maturing 2043-12-06, callable by the issuer from 2038-12-06; about AUD 300m outstanding.
| Issuer | National Australia Bank Limited |
| ISIN | AU3FN0083556 |
| Type | Floating rate |
| Ranking | Tier 2 subordinated |
| Coupon | BBSW + 2.50% |
| Coupon frequency | Quarterly |
| Currency | AUD |
| Issue date | 2023-12-06 |
| Maturity | 2043-12-06 |
| First call | 2038-12-06 |
| 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
- NAB 5% 2029 senior unsecured fixed rate bond (AU3CB0315463)
- NAB 2031 senior unsecured floating rate note (XS2423738041)
- NAB 2032 Tier 2 subordinated floating rate note (AU3FN0070199)
- NAB 5.52% 2036 senior unsecured fixed rate bond (XS3439960470)
- NAB 2029 senior unsecured floating rate note (AU3FN0085742)
- NAB 2026 senior unsecured floating rate note (AU3FN0082988)
- NAB 5.74% 2034 Tier 2 subordinated fixed-to-floating bond (AU3CB0306462)
- NAB 2027 senior unsecured floating rate note (AU3FN0066528)
Similar bonds
Rate context
About 12.1 years to first call; the Australian 10-year government yield (the longest the RBA publishes) is about 5.31% (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