Important Announcement:

Changes to the US market trade settlement cycle and associated changes to the Foreign Exchange Transactions PDS taking effect upon US market open on Tuesday 28 May 2024.

Subordinated notes 101

NAB’s Nick Chaplin explains what subordinated notes are, what makes them different to hybrids and key considerations before investing in this instrument.

NAB’s Nick Chaplin explains what subordinated notes are, what makes them different to hybrids and key considerations before investing in this instrument.