NAB 2035 Tier 2 subordinated floating rate note (AU3FN0104659)
An AUD Tier 2 subordinated floating rate bond issued by National Australia Bank Limited, paying BBSW + 1.30% quarterly, maturing 2035-11-14, callable by the issuer from 2030-11-14; about AUD 1,100m outstanding.
| Issuer | National Australia Bank Limited |
| ISIN | AU3FN0104659 |
| Type | Floating rate |
| Ranking | Tier 2 subordinated |
| Coupon | BBSW + 1.30% |
| Coupon frequency | Quarterly |
| Currency | AUD |
| Issue date | 2025-11-14 |
| Maturity | 2035-11-14 |
| First call | 2030-11-14 |
| Amount outstanding | AUD 1,100m |
| Minimum investment | 200,000 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?
- 200,000 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 4.1 years to first call; the Australian government yield at that term is about 4.94% (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