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National Australia Bank Limited (ASX:NAB) has lifted its subordinated notes offering to $1 billion.
The bank was originally pitching to raise $500 million.
The notes will be offered at a 2.75 per cent margin above the bank bill rate and carry a10-year tenure.
The NAB offering is the first since 1999. The bank announced a rise in its first-half cash profit earlier this month of 4.8 per cent.
National Australia Bank reported a first-half net profit of $2.05 billion.
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Last
$43.79 |
Change
0.430(0.99%) |
Mkt cap ! $134.1B | |||
| Open | High | Low | Value | Volume |
| $43.43 | $43.90 | $43.34 | $519.6M | 12.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | $43.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.83 | 902 | 1 |
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| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| NAB (ASX) Chart |