Bond Australia National Bank Ltd 3.3% ( XS1252234437 ) in USD

Issuer	Australia National Bank Ltd
Market price	100 % ⇌
Country	Australia
ISIN code	XS1252234437 ( in USD )
Interest rate	3.3% per year ( payment 4 times a year)
Maturity	08/07/2030
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Minimal amount	5 000 000 USD
Total amount	50 000 000 USD
Next Coupon	09/10/2025 ( In 62 days )
Detailed description	National Australia Bank Ltd. (NAB) is one of Australia's "Big Four" banks, offering a wide range of financial products and services to personal, business, and institutional customers across Australia and globally. A comprehensive analysis of a specific fixed-income instrument highlights a bond issued by National Australia Bank Ltd, one of Australia's premier financial institutions. National Australia Bank Ltd (NAB), headquartered in Melbourne, is a cornerstone of the Australian financial sector, recognized as one of the nation's 'Big Four' banks. With a heritage spanning more than 160 years, NAB delivers an extensive suite of banking and financial services to a broad client base, including retail customers, small and medium-sized enterprises, and large corporate entities, operating across Australia, New Zealand, and various international markets. Its robust operations encompass retail banking, business banking, wealth management, and wholesale banking, solidifying its significant presence and strong reputation for stability and market leadership within the Australasian financial landscape. This particular bond, identified by the ISIN XS1252234437, is a debt security denominated in United States Dollars (USD), reflecting an international investor appeal. It carries a fixed annual interest rate of 3.3%, designed to provide consistent income streams to bondholders. Interest payments are scheduled to occur with a frequency of four times per year, indicating quarterly distributions, a feature often favored by investors seeking predictable cash flow. The bond is slated for maturity on July 8, 2030, placing it within the medium-term duration category. The total size of this bond issuance amounts to USD 50,000,000, representing a significant capital raise for the issuer. For prospective investors, the minimum purchase size is established at USD 5,000,000, suggesting that this instrument is primarily aimed at institutional investors or high-net-worth individuals. Currently, the bond is trading at 100% of its par value in the market, signifying its pricing at par, which can indicate stable market conditions or an alignment of its coupon rate with prevailing market rates for comparable debt instruments. Issued from Australia, this bond underscores the country's role in the global debt markets and National Australia Bank's continued engagement in international finance.