NAB 5.740% 09Feb2034 Corp (AUD)

Bond Factsheet

National Australia Bank Limited

Indicative

Full Lot

Bid Price

99.224

Change in Bid Price

0.219

Bid Yield (%)

6.065 %

Change in Bid Yield

remove 0.093

Ask Price

99.331

Change in Ask Price

0.226

Ask Yield (%)

6.020 %

Change in Ask Yield

remove 0.095

Indicative price as of 02 Oct 2026, 4:33pm

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Bond Information

National Australia Bank Limited (NAB) provides banking and financial solutions. The Company offers internet banking, saving accounts, insurance, credit cards, home loans, and personal finance services. NAB serves customers worldwide.

Bond Issuer

National Australia Bank Limited

Guarantor

Announcement Date

02 Feb 2024

Issue Date

09 Feb 2024

Maturity Date

09 Feb 2034

Years to Maturity / Next Call

7.359 / 2.356

Modified Duration

5.820 @ 02 Oct 2026

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

5.740

Coupon Type

Variable

Annual Coupon Rate

5.740

Coupon Frequency

Semi Annually

Seniority

Subordinated

Capital Structure

Tier 2

Reference Rate

Reset Date: 09Feb2029 and every quarter thereafter
Reset Rate = BBSW3 month + Initial Margin (1.950%)

ISIN

AU3CB0306462

CUSIP

ZF7878795

Bond Currency

AUD

Total Issue Size

650,000,000

Min. Investment Quantity (Nominal)

AUD 1,000

Incremental Quantity (Nominal)

AUD 1,000

Bond Type

Corporate

Bond Sector

Financials

Bond Sub Sector

Banks

Issuer Credit Rating (S&P/ Fitch)

***/ AA-

Bond Credit Rating (S&P/ Fitch)

***/ A-

Shariah Compliant

Exchange Listed

Bond Feature(s)

Loss Absorption

Tier 2

Conversion or Write-Off of Subordinated MTNs on Non-Viability Trigger Event

This Condition 13 (“Conversion or Write-Off of Subordinated MTNs on Non-Viability Trigger Event”) applies only to Subordinated MTNs issued by the Issuer. The Schedule to these Conditions (including the defined terms therein) shall be deemed to form part of, and be incorporated in, this Condition 13 (“Conversion or Write-Off of Subordinated MTNs on Non-Viability Trigger Event”).

Non-Viability Trigger Event

A “Non-Viability Trigger Event” occurs when APRA has provided a written determination (“Non-Viability Determination”) to the Issuer that:

(a) the conversion or write-off of Relevant Capital Instruments of the Issuer is necessary because without the conversion or write-off, APRA considers that the Issuer would become non-viable; or

(b) without a public sector injection of capital into, or equivalent support with respect to, the Issuer, APRA considers that the Issuer would become non-viable.

The date on which a Non-Viability Trigger Event occurs under Condition 13.1(a) or 13.1(b) is a “Conversion Date”.

Issuer Call

If the relevant Pricing Supplement states that the Issuer may redeem all or some of the MTNs of a Series before their Maturity Date under this Condition, the Issuer may redeem those MTNs for an amount in respect of each MTN redeemed equal to its Redemption Amount and any interest accrued on it to (but excluding) the redemption date (unless, in the case of Unsubordinated MTNs only, the Pricing Supplement specifies some other amount payable on redemption of the MTN).

first optional call date is 9 February 2029.

Additional Note

Early redemption of Subordinated MTNs for regulatory reasons

If the relevant Pricing Supplement states that the Issuer may redeem all or some of the Subordinated MTNs of a Series before their Maturity Date under this Condition, the Issuer may redeem all or some of the Subordinated MTNs of a Series before their Maturity Date for an amount in respect of each Subordinated MTN redeemed equal to its Redemption Amount and any interest accrued on it to (but excluding) the redemption date if a Regulatory Event occurs.

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