What are CBA capital securities?

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.

 

PERLS VII (ASX: CBAPD)

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.

PERLS VIII (ASX: CBAPE) 

CommBank PERLS VIII Capital Notes, also referred to as PERLS VIII, are perpetual, subordinated1, unsecured notes, issued by CBA through its New Zealand branch. PERLS VIII are listed on Australian Securities Exchange (code CBAPE). Distributions are scheduled to be paid quarterly.

PERLS IX (ASX: CBAPF) 

CommBank PERLS IX Capital Notes, also referred to as PERLS IX, are perpetual, subordinated1, unsecured notes, issued by CBA through its New Zealand branch. PERLS IX are listed on Australian Securities Exchange (code CBAPF). Distributions are scheduled to be paid quarterly.

PERLS X  (ASX: CBAPG) 

CommBank PERLS X Capital Notes, also referred to as PERLS X, are perpetual, subordinated1, unsecured notes, issued by CBA. PERLS X are listed on Australian Securities Exchange (code CBAPG). Distributions are scheduled to be paid quarterly.
 

PERLS XI (ASX: CBAPH) 

CommBank PERLS XI Capital Notes, also referred to as PERLS XI, are perpetual, subordinated1, unsecured notes, issued by CBA. PERLS XI are listed on Australian Securities Exchange (code CBAPH). Distributions are scheduled to be paid quarterly.
 

 

PERLS XII (ASX: CBAPI) 

CommBank PERLS XII Capital Notes, also referred to as PERLS XII, are perpetual, subordinated1, unsecured notes, issued by CBA. PERLS XII are listed on Australian Securities Exchange (code CBAPI). Distributions are scheduled to be paid quarterly.
 

 

Useful links

Other things you should know

1Holders rank after holders of Senior Ranking Obligations, creditors preferred by law and secured creditors; and equivalently to a preference share.