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ETB01F

IAM WBC 7.199% 15/11/2038 Fixed to Floating Bond ETF

Access the predictable returns and capital preservation of a high-quality subordinated bond issued by
Westpac Banking Corp
.

Underlying Bond

Westpac Wholesale Subordinated Notes 7.199% FXD to FRN 2038 (ISIN: AU3CB0304376)

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 20257 May 202523 May 2025$0.7717

Announcements

No announcements available.