Access the predictable returns and capital preservation of a high-quality subordinated bond issued by Westpac Banking Corp.
Underlying Bond
Pricing Information
Current Price | View current price |
NAV/Unit* | 24.81 |
Net assets* | 223,318.31 |
Units outstanding* | 9,000.00 |
Management fees and costs** (p.a.) | 0.265% |
Portfolio Holdings*
$ | % | |
Cash | 2,584.37 |
1.16% |
Underlying Bond | 221,010.00 |
98.84% |
Total | 223,594.37 |
100.00% |
Excludes accrued management fees and costs
*As at 29 May 2025
**Refer to PDS for more information.
Profile
Portfolio Characteristics*
Bond Yield (%) | 6.168 |
Indicative ETB Yield (%) | 6.166 |
First Call Date | 15 November 2033 |
Maturity date | 15 November 2038 |
Fixed / Floating | Fixed to Floating |
Coupon Rate (%) | 7.199% |
Coupon Dates | 15 May, 15 November |
Mid-Price | 110.505 |
Yield to Call (%) | 5.670 |
Modified Duration (yrs) | 6.38 |
Underlying Bond Type | Subordinated, Unsecured |
Codes
CBOE code | ETB01F |
Market maker | Nine Mile Financial Pty Ltd |
Distributions
Distribution frequency | Semi-annually |
Distribution dates | 15 May, 15 November |
Ex Date | Record Date | Payment Date | Distribution Unit ($) |
6 May 2025 | 7 May 2025 | 23 May 2025 | $0.7717 |