Candour Capital

NAB 2029 senior unsecured floating rate note (AU3FN0093613)

By Allen Lin, Candour Capital

An AUD senior unsecured floating rate bond issued by National Australia Bank Limited, paying BBSW + 0.82% quarterly, maturing 2029-11-14; about AUD 1,800m outstanding.

IssuerNational Australia Bank Limited
ISINAU3FN0093613
TypeFloating rate
Rankingsenior unsecured
CouponBBSW + 0.82%
Coupon frequencyQuarterly
CurrencyAUD
Issue date2024-11-14
Maturity2029-11-14
Amount outstandingAUD 1,800m
Minimum investment100,000 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.

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Rate context

About 3.1 years to maturity; 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.

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