Help us improve our website by completing a quick survey. Start survey now

Terminated instruments

The tables below provide details on certain features of the Group’s recently terminated Tier 2 Capital instruments.

AUD 500m September 2018 Note

1 Issuer CBA
2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement) AU3FN0006581 (ISIN)
3 Governing law(s) of the instrument New South Wales
  Regulatory treatment  
4 Transitional Basel III rules Tier 2
5 Post-transitional Basel III rules Ineligible
6 Eligible at solo (Level 1) /group (Level 2) / group&solo (Level 1&2) Level 1&2
7 Instrument type (ordinary shares/preference shares/subordinated notes/other) Subordinated Notes
8 Amount recognised in regulatory capital (Currency in mil, as of most recent reporting date) Nil – terminated
9 Par value of instrument AUD 100 denoms
10 Accounting classification Liability – amortised cost
11 Original date of issuance 17 Sep 2008
12 Perpetual or dated Dated
13 Original maturity date 17 Sep 2018
14 Issuer call subject to prior supervisory approval Yes
15 Optional call date, contingent call dates and redemption amount Call date 17 Sep 2013,
tax calls,
redemption at face value plus accrued interest
16 Subsequent call dates, if applicable Quarterly after first call date on Coupon Payment Date
  Coupons/dividends  
17 Fixed or floating dividend/coupon Floating Rate
18 Coupon rate and any related index 3m BBSW + 2.10%
19 Existence of a dividend stopper No
20 Fully discretionary, partially discretionary or mandatory Mandatory
21 Existence of step up or other incentive to redeem Yes
22 Noncumulative or cumulative Noncumulative
23 Convertible or non-convertible Non-convertible
24 If convertible, conversion trigger (s) N/A
25 If convertible, fully or partially N/A
26 If convertible, conversion rate N/A
27 If convertible, mandatory or optional conversion N/A
28 If convertible, specify instrument type convertible into N/A
29 If convertible, specify issuer of instrument it converts into N/A
30 Write-down feature No
31 If write-down, write-down trigger(s) N/A
32 If write-down, full or partial N/A
33 If write-down, permanent or temporary N/A
34 If temporary write-down, description of write-up mechanism N/A
35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument) Unsubordinated unsecured creditors
36 Non-compliant transitioned features Yes
37 If yes, specify non-compliant features Step-up, no Basel III loss absorbency
38 Further information N / A

AUD 275m Extendible Note

1 Issuer CBA
2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement) N / A
3 Governing law(s) of the instrument Victorian
  Regulatory treatment  
4 Transitional Basel III rules Tier 2
5 Post-transitional Basel III rules Ineligible
6 Eligible at solo (Level 1) /group (Level 2) / group&solo (Level 1&2) Level 1&2
7 Instrument type (ordinary shares/preference shares/subordinated notes/other) Other
8 Amount recognised in regulatory capital (Currency in mil, as of most recent reporting date) Nil - terminated
9 Par value of instrument AUD 1,000,000 denoms
10 Accounting classification Liability – amortised cost
11 Original date of issuance 22 Dec 1989
12 Perpetual or dated Dated
13 Original maturity date 22 Dec 2004, but extended to 22 Dec 2014, and subject to extension on that date and every fifth anniversary after
14 Issuer call subject to prior supervisory approval Yes
15 Optional call date, contingent call dates and redemption amount 22 Dec 1999 (not called),
tax calls,
redemption at face value plus accrued interest
16 Subsequent call dates, if applicable Every fifth anniversary after first call date
  Coupons/dividends  
17 Fixed or floating dividend/coupon Floating Rate
18 Coupon rate and any related index 3m BBSW + 0.15%
19 Existence of a dividend stopper No
20 Fully discretionary, partially discretionary or mandatory Mandatory
21 Existence of step up or other incentive to redeem No
22 Noncumulative or cumulative Noncumulative
23 Convertible or non-convertible Non-convertible
24 If convertible, conversion trigger (s) N/A
25 If convertible, fully or partially N/A
26 If convertible, conversion rate N/A
27 If convertible, mandatory or optional conversion N/A
28 If convertible, specify instrument type convertible into N/A
29 If convertible, specify issuer of instrument it converts into N/A
30 Write-down feature No
31 If write-down, write-down trigger(s) N/A
32 If write-down, full or partial N/A
33 If write-down, permanent or temporary N/A
34 If temporary write-down, description of write-up mechanism N/A
35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument) Deposits
36 Non-compliant transitioned features Yes
37 If yes, specify non-compliant features No Basel III loss absorbency
38 Further information N / A

Back to top

JPY 30bn October 2015 Note

1 Issuer CBA
2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement) XS0060393328 (ISIN)
3 Governing law(s) of the instrument English
  Regulatory treatment  
4 Transitional Basel III rules Tier 2
5 Post-transitional Basel III rules Ineligible
6 Eligible at solo (Level 1) /group (Level 2) / group&solo (Level 1&2) Level 1&2
7 Instrument type (ordinary shares/preference shares/subordinated notes/other) Subordinated Notes
8 Amount recognised in regulatory capital (Currency in mil, as of most recent reporting date) Nil - terminated
9 Par value of instrument JPY 100,000,000 denoms
10 Accounting classification Liability – amortised cost
11 Original date of issuance 05 Oct 1995
12 Perpetual or dated Dated
13 Original maturity date 05 Oct 2015
14 Issuer call subject to prior supervisory approval No
15 Optional call date, contingent call dates and redemption amount No optional call date,
tax calls,
redemption at face value plus accrued interest
16 Subsequent call dates, if applicable N/A
  Coupons/dividends  
17 Fixed or floating dividend/coupon Fixed
18 Coupon rate and any related index USD 14.00% * {(JPY/USD bid spot FX rate)/105.70 – JPY 10.00%}
19 Existence of a dividend stopper No
20 Fully discretionary, partially discretionary or mandatory Mandatory
21 Existence of step up or other incentive to redeem No
22 Noncumulative or cumulative Noncumulative
23 Convertible or non-convertible Non-convertible
24 If convertible, conversion trigger (s) N/A
25 If convertible, fully or partially N/A
26 If convertible, conversion rate N/A
27 If convertible, mandatory or optional conversion N/A
28 If convertible, specify instrument type convertible into N/A
29 If convertible, specify issuer of instrument it converts into N/A
30 Write-down feature No
31 If write-down, write-down trigger(s) N/A
32 If write-down, full or partial N/A
33 If write-down, permanent or temporary N/A
34 If temporary write-down, description of write-up mechanism N/A
35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument) Unsubordinated unsecured creditors
36 Non-compliant transitioned features Yes
37 If yes, specify non-compliant features No Basel III loss absorbency
38 Further information N / A

Back to top

JPY 9bn Perpetual Note

1 Issuer CBA
2 Unique identifier (eg CUSIP, ISIN or Bloomberg identifier for private placement) XS0066563403 (ISIN)
3 Governing law(s) of the instrument English
  Regulatory treatment  
4 Transitional Basel III rules Tier 2
5 Post-transitional Basel III rules Ineligible
6 Eligible at solo (Level 1) /group (Level 2) / group&solo (Level 1&2) Level 1&2
7 Instrument type (ordinary shares/preference shares/subordinated notes/other) Subordinated Notes
8 Amount recognised in regulatory capital (Currency in mil, as of most recent reporting date) Nil - terminated
9 Par value of instrument JPY 1,000,000 denoms
10 Accounting classification Liability – amortised cost
11 Original date of issuance 30 May 1996
12 Perpetual or dated Perpetual
13 Original maturity date No maturity
14 Issuer call subject to prior supervisory approval Yes
15 Optional call date, contingent call dates and redemption amount Call date 30 May 2016,
tax calls,
redemption at face value plus accrued interest
16 Subsequent call dates, if applicable Every fifth anniversary after first call date
  Coupons/dividends  
17 Fixed or floating dividend/coupon Fixed to Floating
18 Coupon rate and any related index 4.55% to 30 May 2016,
Yen 5 yr swap + 2.2% after
19 Existence of a dividend stopper No
20 Fully discretionary, partially discretionary or mandatory Partially discretionary
21 Existence of step up or other incentive to redeem Yes
22 Noncumulative or cumulative Cumulative
23 Convertible or non-convertible Non-convertible
24 If convertible, conversion trigger (s) N/A
25 If convertible, fully or partially N/A
26 If convertible, conversion rate N/A
27 If convertible, mandatory or optional conversion N/A
28 If convertible, specify instrument type convertible into N/A
29 If convertible, specify issuer of instrument it converts into N/A
30 Write-down feature No
31 If write-down, write-down trigger(s) N/A
32 If write-down, full or partial N/A
33 If write-down, permanent or temporary N/A
34 If temporary write-down, description of write-up mechanism N/A
35 Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument) Unsubordinated unsecured creditors
36 Non-compliant transitioned features Yes
37 If yes, specify non-compliant features Step-up, no Basel III loss absorbency
38 Further information N / A

JavaScript is required.

JavaScript must be enabled to use our calculators. Please enable JavaScript on your browser or view more details about using this site.
Terms of Use

Access to the capital instruments site is subject to the following restrictions and terms:

The information on this site:

  • • does not constitute and is not intended to constitute an offer, invitation, inducement, solicitation or recommendation to subscribe for or purchase any securities or financial products (as those terms are defined in the Corporations Act 2001 (Cth));
  • • does not constitute an offer of securities for sale in any jurisdiction and specifically in the United States or to, or for the benefit of, “U.S. persons” (as defined in Regulation S under the U.S Securities Act of 1933, as amended (Securities Act)) (U.S. Person);
  • • has been prepared to satisfy an Australian regulatory purpose only and is not intended to constitute general or specific securities or financial product advice or a recommendation. The information does not take into account the investment objectives, financial situation and particular needs of any particular investor; and
  • • is subject to change without notice.

By proceeding to access the pages on this site, you confirm and agree that:

  • • you are not a U.S. Person, are not in the United States, and are not acting for the account or benefit of a U.S. Person;
  • • your access to this site does not violate applicable laws, including the laws of your home jurisdiction; and
  • • you have read, understood and accept the Terms of Use.

I agree to the above terms: * Yes No

* Indicates mandatory field

Back to top

Loading…