Commonwealth Bank of Australia FRN 12-SEP-2025Commonwealth Bank of Australia FRN 12-SEP-2025Commonwealth Bank of Australia FRN 12-SEP-2025

Commonwealth Bank of Australia FRN 12-SEP-2025

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Key terms


Outstanding amount
‪600.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.57% (Variable)
Coupon frequency
Quarterly
Yield to maturity
5.21%
Maturity date
Sep 12, 2025
Term to maturity
10 months

About Commonwealth Bank of Australia FRN 12-SEP-2025


Sector
Finance
Industry
Major Banks
Issue date
Sep 12, 2023
FIGI
BBG01J67BH87
Commonwealth Bank of Australia engages in the provision of banking and financial services. It operates through the following segments: Retail Banking Services, Business Banking, Institutional Banking and Markets, New Zealand, Corporate Centre and Other, and Wealth Management. The Retail Banking Services segment provides home loan, consumer finance, and retail deposit products and servicing to all retail bank customers and non-relationship managed small business customers. The Business Banking segment offers specialized banking services to relationship managed business and Agribusiness customers, private banking to high-net-worth individuals, and margin lending and trading through CommSec. The Institutional Banking and Markets segment serves the firm's major corporate, institutional, and government clients using a relationship management model based on industry expertise and insights. The New Zealand segment comprises of banking, funds management, and insurance businesses operating in New Zealand. The Corporate Centre and Other segments include support functions such as investor relations, group marketing and strategy, group governance, and group treasury. The Wealth Management segment includes the global asset management, platform administration, and financial advice and life and general insurance businesses of the Australian operations. The company was founded in 1911 and is headquartered in Sydney, Australia.
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