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CBA Instalment Warrants are no longer available to new investors on the ASX or by primary application (including rollover and refinance applications). Our market maker will continue to meet its obligations to existing holders and will continue to make a bid on all Instalment Warrants with open positions, until further notice. 
If you require additional information, please contact us on 1300 786 039 or by email to equityproducts@cba.com.au

More information for investors

This product is no longer available to new investors. For existing investors, contact 1300 786 039.

Things you should know

The information on this site is not advice and has been prepared without taking account the objectives, financial situation or needs of any particular individual. For this reason, any individual should, before acting on the information on this site, consider the appropriateness of the information, having regard to the individual's objectives, financial situation and needs, and, if necessary, seek appropriate professional advice.

Instalment Warrants are issued by the Commonwealth Bank of Australia ABN 48 123 123 124 (Commonwealth Bank) and are administered by its wholly owned but non-guaranteed subsidiary Commonwealth Securities Limited ABN 60 067 254 399 (CommSec), a Participant of the ASX Group and Chi-X Australia. A Product Disclosure Statement (“PDS”) for Instalment Warrants is provided on this website and should be considered before making any decision to invest in the product. Capitalised terms on this site have the same meaning as the capitalised terms in the PDS. Potential investors should refer to the PDS for the risks and costs involved with an investment in Instalment Warrants. The Commonwealth Bank and its subsidiaries, including CommSec, do not guarantee the investment performance of Instalment Warrants.

Investments in Instalment Warrants are not deposit liabilities with CBA.

Protected Loans

Risk Disclosure

The Protected Loan is a product offered under The Options and Lending Facility (Facility).  It provides sophisticated financial products which may involve gearing and dealing in derivatives. Unless you are familiar with the effects and risks of gearing and derivative dealings, these products may not be suitable for you. Potential investors should read the Product Disclosure Statement for a full disclosure of the main risks and costs involved.

As this information has been prepared without considering your objectives, financial situation or needs, you should, before acting on this information, consider its appropriateness to your circumstances. The Bank strongly recommends you seek independent financial advice and taxation advice to determine whether the Facility is suitable for you. The Options and Lending Facility is issued by Commonwealth Bank of Australia ABN 48 123 123 124 and is administered by its wholly owned but non-guaranteed subsidiary Commonwealth Securities Limited ABN 60 067 254 399 (CommSec), a Participant of the ASX Group and Chi-X Australia. A Product Disclosure Statement is available for The Options and Lending Facility and should be considered before making any investment decision about this product. Bank and Government charges apply. Applications for Protected Loans and Interest in Advance Loans are subject to Commonwealth Bank’s normal credit approval. The Option Lending Facility is not a deposit liability of the Commonwealth Bank for the purposes of the Banking Act and is not subject to the depositor protection provisions of Australian banking legislation (including the Australian Government guarantee of certain bank deposits).

*Capital Protection will generally only apply at the Maturity Date and is subject to risks, limitations and conditions. Please refer to the full transaction documentation for more information.