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
$33.81 |
Change
0.290(0.87%) |
Mkt cap ! $104.9B |
Open | High | Low | Value | Volume |
$33.69 | $34.05 | $33.62 | $121.3M | 3.585M |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 17815 | $33.81 |
Sellers (Offers)
Price($) | Vol. | No. |
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$33.90 | 2000 | 1 |
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No. | Vol. | Price($) |
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1 | 2960 | 33.770 |
2 | 103 | 33.750 |
2 | 1895 | 33.620 |
1 | 297 | 33.600 |
1 | 16 | 33.580 |
Price($) | Vol. | No. |
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33.900 | 2000 | 1 |
33.930 | 7100 | 1 |
33.980 | 565 | 2 |
34.000 | 4347 | 7 |
34.010 | 4008 | 1 |
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Last
$33.87 |
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Change
0.290 ( 0.95 %) |
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Open | High | Low | Volume | ||
$33.66 | $34.05 | $33.63 | 619806 | ||
Last updated 15.59pm 10/05/2024 ? |
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