Whilst there is little risk in NABHA defaulting I think that its share price will not increase to anywhere near $100.00 in the near future.
NABHA is a perpetual security (no rest or maturity date) and it only has a 1.25% margin.
NABHA also accounts for approximately 0.60% of NAB's Tier 1 capital ratio.
This means that NAB is highly unlikely to redeem any time soon as it is a very cheap source of funding.
As stated by the previous post, I would consider Commonwealth's Pearl V offer (3.40% margin), ANZ's ANZPB (2.50% margin) or Westpac's WCBPB (3.80%).
Others can include AMP notes though they are trading well above face at the moment.
nabha, page-6
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NAB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$36.95 |
Change
0.750(2.07%) |
Mkt cap ! $114.3B | |||
| Open | High | Low | Value | Volume |
| $36.64 | $36.98 | $36.37 | $153.6M | 4.169M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 456 | $36.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.96 | 43280 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |