Bond Austral National Bank 3.447% ( AU3FN0046777 ) in AUD

Issuer	Austral National Bank
Market price	100 % ▼
Country	Australia
ISIN code	AU3FN0046777 ( in AUD )
Interest rate	3.447% per year ( payment 4 times a year)
Maturity	25/02/2024 - Bond has expired
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Minimal amount	1 000 AUD
Total amount	2 600 000 000 AUD
Detailed description	National Australia Bank (NAB) is a leading Australian financial services company offering a wide range of banking, financial planning, and asset management services to personal, business, and institutional clients domestically and internationally. The bond identified by ISIN AU3FN0046777, issued by the National Australia Bank (NAB) and denominated in Australian Dollars (AUD), successfully reached its maturity on February 25, 2024, and has since been fully redeemed at 100% of its face value. National Australia Bank, a prominent financial institution and one of Australia's four largest banks, is a key player in the global banking sector, offering a broad spectrum of financial services and maintaining a significant presence in debt capital markets as a regular issuer of various debt instruments to fund its operations. This specific fixed-income instrument, originating from Australia, carried an annual interest rate of 3.447%, with interest payments made on a quarterly basis, reflecting its payment frequency of four times a year. The total issuance size for this bond was AUD 2,600,000,000, catering to a diverse investor base with a minimum purchase size set at AUD 1,000, facilitating access for both institutional and smaller retail investors. The successful redemption of this bond signifies the fulfillment of the issuer's financial obligations and the return of principal to its bondholders, marking the conclusion of its lifecycle in the fixed income market.