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.

NAB 2028 senior unsecured floating rate note (XS2964504992)

By Allen Lin, Candour Capital

An AUD senior unsecured floating rate bond issued by National Australia Bank Limited, paying BBSW + 0.60% quarterly, maturing 2028-03-19; about AUD 450m outstanding.

Issuer	National Australia Bank Limited
ISIN	XS2964504992
Type	Floating rate
Ranking	senior unsecured
Coupon	BBSW + 0.60%
Coupon frequency	Quarterly
Currency	AUD
Issue date	2024-12-19
Maturity	2028-03-19
Amount outstanding	AUD 450m
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 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.

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Rate context

About 1.4 years to maturity; 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.