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Investments in capital securities are an investment in CBA and may be affected by the ongoing performance, financial position and solvency of CBA. They are not deposit liabilities or protected accounts of CBA under the Banking Act.
CommBank PERLS XIV Capital Notes, also referred to as PERLS XIV, are perpetual, subordinated1, unsecured notes, issued by CBA. PERLS XIV are listed on Australian Securities Exchange (code CBAPK). Distributions are scheduled to be paid quarterly.
CommBank PERLS VII Capital Notes, also referred to as PERLS VII, are perpetual, subordinated1, unsecured notes, issued by CBA through its New Zealand branch. PERLS VII are listed on Australian Securities Exchange (code CBAPD). Distributions are scheduled to be paid quarterly.
1 Holders rank after holders of Senior Ranking Obligations, creditors preferred by law and secured creditors; and equivalently to a preference share.
