The following is the list of capital value owed to the BBSN holders: BNB010 A$179m BNBG A$415m A$594m <- Total
What happens if BBIPL is put into liquidation?
Approximately, the banks will lose about the TOTAL value of the public BBSN notes, in interest and fees, per year. Add on top of this extra impairment and costs due to delay because of the liquidation process ... you get the picture.
BNB Price at posting:
32.5¢ Sentiment: Hold Disclosure: Held