From the NAB website
NAB Capital Notes 2 are convertible notes directly issued by NAB on 7 July 2016 and listed on the ASX under the code NABPD. The issue price for NAB Capital Notes 2 is $100 per NAB Capital Note 2. They're not guaranteed or secured and are not a deposit account or any other account of NAB.NAB Capital Notes 2 are expected to pay a discretionary, quarterly, floating rate, non-cumulative Distribution1. The Distribution Rate is equal to the sum of the Bank Bill Rate and a Margin of 4.95%, a sum adjusted for NAB’s Tax Rate2 to reflect franking credits attached to each Distribution (subject to availability)3. Distributions are expected to be fully franked.NAB Capital Notes 2 will mandatorily convert into NAB Ordinary Shares on 8 July 2024, provided certain conditions are met. With the written prior approval of APRA, NAB may elect to convert, redeem or resell NAB Capital Notes 2 on 7 July 2022, or on the occurrence of particular events, provided certain conditions are met.Holders will have no right to require NAB to convert NAB Capital Notes 2 into Ordinary Shares, or to redeem or resell NAB Capital Notes 2. Without a conversion, redemption or resale, holders would have to sell their NAB Capital Notes 2 on the ASX at the prevailing market price. etc etc
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Last
$37.41 |
Change
0.170(0.46%) |
Mkt cap ! $115.6B |
Open | High | Low | Value | Volume |
$37.50 | $37.54 | $37.34 | $107.6M | 2.881M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | $37.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$37.42 | 10206 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300 | 37.320 |
2 | 613 | 37.310 |
1 | 26 | 37.300 |
1 | 16038 | 37.270 |
1 | 3705 | 37.250 |
Price($) | Vol. | No. |
---|---|---|
37.420 | 10206 | 1 |
37.440 | 150 | 1 |
37.460 | 18062 | 2 |
37.480 | 613 | 2 |
37.490 | 7520 | 2 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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