Funds Focus

CBA has just announced the launch of a new income offer:  CommBank PERLS 11 Capital Notes (Notes). The first round of access is through a broker firm allocation, prior to a shareholder offer and listing in December.

Note: There is no General Offer of these securities.

The Notes will pay a quarterly coupon of 3.7%-3.9% (rate determined by the bookbuild) over the 90 day bank bill swap rate (BBSW), which was 1.93% as of 2nd November, with an initial indicative rate of 5.63%-5.83%pa. The

CBA has just announced the launch of a new income offer: CommBank Perls 8 Capital Notes. The first round of access is through a broker firm allocation, prior to shareholder offer and listing in March. Note: There is no Customer or General Offer

The Notes will pay a quarterly coupon of 5.2%-5.35% (rate determined by the bookbuild) over the 90 day bank bill swap rate (BBSW), which was 2.29% as of 16th February, with an initial indicative rate of 7.49%-7.64%pa. (The first pricing is due to be

CBA has just announced the launch of a new income offer: CommBank Perls 7 Capital Notes. The first round of access is through a broker firm allocation, prior to shareholder offer and listing in October. Note: There is no Customer or General Offer

The Notes will pay a quarterly coupon of 2.8%-3.0% (rate determined by the bookbuild) over the 90 day bank bill swap rate (BBSW), which was 2.64% as of 15th August, with an initial indicative rate of 5.46%-5.66%pa. (The first pricing is due to be set