Candour Capital

Challenger 2029 senior secured floating rate note (AU3FN0111597)

By Allen Lin, Candour Capital

An AUD senior secured floating rate bond issued by Challenger Life Company Ltd, paying BBSW + 1.12% quarterly, maturing 2029-07-09, callable by the issuer from 2026-11-21; about AUD 500m outstanding.

IssuerChallenger Life Company Ltd
ISINAU3FN0111597
TypeFloating rate
Rankingsenior secured
CouponBBSW + 1.12%
Coupon frequencyQuarterly
CurrencyAUD
Issue date2026-07-09
Maturity2029-07-09
First call2026-11-21
Amount outstandingAUD 500m
Minimum investment200,000 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

Rate context

About 0.1 years to first call; the Australian 2-year government yield 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