Candour Capital

BNP Paribas 7% Perpetual Additional Tier 1 (AT1) fixed rate bond (FR0014014MD4)

By Allen Lin, Candour Capital

An AUD Additional Tier 1 (AT1) fixed rate bond issued by BNP Paribas SA, paying 7% semi-annual, perpetual with no fixed maturity, callable by the issuer from 2031-06-02; about AUD 750m outstanding.

IssuerBNP Paribas SA
ISINFR0014014MD4
TypeFixed rate
RankingAdditional Tier 1 (AT1)
Coupon7%
Coupon frequencySemiannually
CurrencyAUD
Issue date2025-12-02
MaturityPerpetual
First call2031-06-02
Amount outstandingAUD 750m
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 through Euroclear / Clearstream into your custody 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 4.6 years to first call; the Australian government yield at that term is about 4.96% (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