Access the predictable returns and capital preservation of a high-quality subordinated bond issued by Commonwealth Bank of Australia.
Underlying Bond
CBA Subordinated FRN 2.05% 2033 10NC5 (ISIN: AU3FN0082251)
Pricing Information
| Current Price | View current price |
| NAV/Unit* | 24.94 |
| Net assets* | 224,487.83 |
| Units outstanding* | 9,000.00 |
| Management fees and costs** (p.a.) | 0.265% |
Portfolio Holdings*
| $ | % | |
| Cash | 8,075.10 |
3.60% |
| Underlying Bond | 216,528.90 |
96.40% |
| Total | 224,604.00 |
100.00% |
Excludes accrued management fees and costs
*As at 21 February 2025
**Refer to PDS for more information.
Profile
Portfolio Characteristics*
| Bond Yield (%) | 5.949 |
| Indicative ETB Yield (%) | 5.947 |
| First Call Date | 25 October 2028 |
| Maturity date | 25 October 2033 |
| Fixed / Floating | Floating |
| Coupon Rate (%) | 3-month BBSW + 2.05% |
| Coupon Dates | 25 January, 25 April, 25 July, 25 October |
| Mid-Price | 103.109 |
| Yield to Call (%) | 5.192 |
| Modified Duration (yrs) | 0.17 |
| Underlying Bond Type | Subordinated, Unsecured |
Codes
| CBOE code | ETB01L |
| Market maker | Nine Mile |
Distributions
| Distribution frequency | Quarterly |
| Distribution dates | 25 January, 25 April, 25 July, 25 October |
| Ex Date | Record Date | Payment Date | Distribution Unit ($) |
| 23 Jan 2025 | 24 Jan 2025 | 3 Feb 2025 | $0.3829 |
