NAB
- Payment: Semi-Annually
- Subordinated Unsecured
- Issue Date: 30-Jul-2025
- Maturity Date: 30-Jul-2040
- Call Date: 30-Jul-2035
Bonds may play a role in portfolio construction by supporting income generation, capital allocation over defined timeframes and diversification across issuers, sectors or currencies.
The risk and return profile of each bond depends on factors such as issuer credit quality, maturity, coupon structure, ranking, currency and prevailing market conditions.
When an investor purchases a bond, they are effectively lending money to an issuer in return for periodic interest payments and repayment of principal at maturity, subject to the issuer’s ability to meet its obligations.
Bond returns may come from coupon income, price movements or a combination of both.
Bond prices may also fluctuate before maturity due to changes in interest rates, credit spreads, issuer credit quality, liquidity and broader market conditions.
Bond investments are not capital guaranteed unless explicitly stated in the relevant documentation.
Investors should consider issuer credit risk, interest rate risk, liquidity risk, currency risk and the specific terms of each bond.
Bonds may be suitable for wholesale or professional investors who:
● Seek income potential as part of a diversified portfolio
● Require defined maturity exposure for part of their capital
● Understand issuer credit risk and market price movements
● Can review and assess fixed income documentation
Investors should also consider how a bond’s issuer, currency, maturity profile and coupon structure align with their broader portfolio objectives, income requirements and liquidity needs.
Bonds may provide periodic coupon payments over the life of the investment.
Most bonds have a stated maturity date, although certain structures may include call features, early redemption terms or other conditions.
Investors are exposed to the creditworthiness of the issuer or structure.
Bond prices may move in response to interest rates, credit spreads, liquidity and market sentiment.
Some bonds may be issued in foreign currencies, which may introduce currency risk for investors.
When reviewing bonds, investors should consider more than the headline coupon rate. Key factors include the issuer, credit rating, ranking in the capital structure, coupon type, payment frequency, currency, maturity date and any call features. These details can influence both the income profile and the level of capital risk associated with the investment.
Candour Capital presents selected bond opportunities with these core features clearly outlined, helping eligible wholesale and professional investors and advisers compare available options more effectively. Each bond should be assessed in the context of the investor’s portfolio objectives, liquidity needs, risk tolerance and investment timeframe.
No bond products found in this category.
No bond products found in this category.
Bond capital is not guaranteed. The repayment of principal and payment of coupons depend on the issuer meeting its obligations. Certain structures may provide different levels of capital protection, which should be reviewed in the relevant documentation.
In general, when market interest rates rise, the price of existing fixed rate bonds tends to fall. When rates fall, bond prices may rise. The sensitivity will vary depending on the bond’s maturity, coupon structure and duration.
Available opportunities may include bonds issued by governments, banks, corporates or other institutions that meet Candour Capital’s product selection criteria.
Bond opportunities are intended for wholesale or professional investors who understand fixed income risk and can assess whether a particular issue is appropriate for their circumstances.
Eligible investors may receive a term sheet, product information and further details regarding the issuer, risks, structure, pricing and any applicable fees, subject to availability and internal processes.
