COMMONWEALTH BANK OF AUSTRALIA FRN GTD SNR 10/2027COMMONWEALTH BANK OF AUSTRALIA FRN GTD SNR 10/2027COMMONWEALTH BANK OF AUSTRALIA FRN GTD SNR 10/2027

COMMONWEALTH BANK OF AUSTRALIA FRN GTD SNR 10/2027

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Key terms


Outstanding amount
‪1.00 B‬GBP
Face value
1,000.00GBP
Minimum denomination
100,000.00GBP
Coupon
5.24% (Variable)
Coupon frequency
Quarterly
Yield to maturity
Maturity date
Oct 17, 2027
Term to maturity
2 years

About COMMONWEALTH BANK OF AUSTRALIA FRN GTD SNR 10/2027


Sector
Finance
Industry
Major Banks
Issue date
Oct 17, 2024
ISIN
XS2919641501
FIGI
BBG01Q6RSR05
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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