MQGAU 6.082% 07Jun2032 Corp (AUD)

Bond Factsheet

Macquarie Bank Limited

Indicative

Full Lot

Bid Price

100.092

Change in Bid Price

remove 0.051

Bid Yield (%)

5.923 %

Change in Bid Yield

0.078

Ask Price

100.140

Change in Ask Price

remove 0.051

Ask Yield (%)

5.849 %

Change in Ask Yield

0.078

Indicative price as of 06 Oct 2026, 4:04pm

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Bond Information

Macquarie Bank Limited operates as a bank. The Company offers advisory and capital markets, trading and hedging, funds management, asset finance, financing, and research and retail financial services. Macquarie Bank serves customers worldwide.

Bond Issuer

Macquarie Bank Limited

Guarantor

Announcement Date

31 May 2022

Issue Date

07 Jun 2022

Maturity Date

07 Jun 2032

Years to Maturity / Next Call

5.671 / 0.666

Modified Duration

4.587 @ 06 Oct 2026

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

6.082

Coupon Type

Variable

Annual Coupon Rate

6.082

Coupon Frequency

Semi Annually

Seniority

Subordinated

Capital Structure

Tier 2

Reference Rate

Reset Date: 07 Jun 2027
Reset Rate: BBSW3M + Spread (2.700%)

ISIN

AU3CB0290039

CUSIP

BW9158575

Bond Currency

AUD

Total Issue Size

500,000,000

Min. Investment Quantity (Nominal)

AUD 10,000

Incremental Quantity (Nominal)

AUD 10,000

Bond Type

Corporate

Bond Sector

Financials

Bond Sub Sector

Banks

Issuer Credit Rating (S&P/ Fitch)

***/ A+

Bond Credit Rating (S&P/ Fitch)

***/ BBB+

Shariah Compliant

Exchange Listed

Others

Bond Feature(s)

Loss Absorption

Tier 2

Solvency Condition:

At any time prior to a Winding Up of the Issuer in Australia:
a) payment by the Issuer of interest, principal or any other amount owing to Holders in connection with the Subordinated Notes is conditional upon the Issuer being solvent at the time the payment is due; and

b) the Issuer must not pay an amount owing to Holders in connection with the Subordinated Notes except to the extent that the Issuer may pay that amount and still be solvent immediately thereafter (the "Solvency Condition").

Non-Viability Trigger Event:

A "Non-Viability Event" occurs when APRA:
c) issues a written notice to the Issuer that it is necessary that Relevant Securities (including the Subordinated Notes) be subject to Loss Absorption because, without such Loss Absorption, APRA considers that the Issuer would become non-viable; or

d) notifies the Issuer in writing that it has determined that without a public sector injection of capital, or equivalent support, the Issuer would become nonviable.

Exchange Following a Non-Viability Trigger Event:

If a Non-Viability Trigger Event occurs, the primary method of loss absorption is Exchange. Upon a Non-Viability Trigger Event occurring, the Issuer may be required to Exchange all or, in some cases a proportion of the Subordinated Notes into Ordinary Shares. If for any reason Exchange is not effected within five Business Days, Subordinated Notes will be Written-Off and Holders' rights, including any rights to unpaid interest or Additional Amounts and repayment of principal, will be immediately and irrevocably terminated with effect on and from the Exchange Date.

Issuer Call

The Interest Payment Date scheduled to fall on 7 June 2027 and each Interest Payment Date thereafter up to but excluding the Maturity Date. Early redemption of Subordinated Notes is subject to the prior written approval of APRA. The Issuer may only elect to redeem if the Subordinated Notes are replaced with a capital instrument of the same or better quality and the replacement is done under conditions which are sustainable for the Issuer's income capacity, or the Issuer obtains confirmation from APRA that APRA is satisfied that the capital position of the Issuer is sufficient after the Subordinated Notes are redeemed.

Holders of Subordinated Notes should not expect that APRA's approval will be given for any early redemption of Subordinated Notes.

Holders have no right to request redemption before the Maturity Date.

Callable on 7 Jun 2027 and every 3 months thereafter @ 100.

Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.

Coupon Dates	Coupon Receive	Principal Amount	Cash Flow

No Data