US632525CN98 · Corp · USD

National Australia Bank Ltd Mtn 144a 4.33% 2028/12

National Australia Bank Ltd Mtn 144aAustraliaPRIV PLACEMENTSenior Unsecured
MID PRICE
100.63
par = 100
YIELD TO MAT.
4.40%
semi-annual
COUPON
4.330%
semi-annual · fixed
MATURITY
2028-12-13
bullet · 2.61y
OUTSTANDING
not disclosed
AS OF
2026-04-30
Fund disclosure

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About this bond

AI BRIEF · GROUNDED IN STRUCTURED DATA

National Australia Bank Ltd has issued a senior unsecured floating rate note in US dollars, maturing on December 13, 2028. This private placement, identified by ISIN US632525CN98, carries a coupon of 4.330% per annum. As a corporate bond in the banking sector, this security from National Australia Bank Ltd offers exposure to an Australian financial institution. The bond's maturity in late 2028 places it in the medium-term duration profile.

Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
2.40 y
1bp ↑ ≈ -0.024% P&L
Convexity
7.21
higher = more curvature
Years to maturity
2.61 y
YTM source
Ingested
Fund disclosure
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
iShares Floating Rate Bond
iShares
US Floating Rate$17.3M▲ $5.0M0.19%2026-04-30
SPDR Bloomberg Investment Grade Floating Rate
SPDR
US IG Floating Rate$5.3M▲ $4K0.19%2026-04-30
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Price history

Sherpa Signal

AS OF 2026-04-30

Institutional footprint · signal-level holdings

38/ 100Early footprint
Interpretation. Light institutional footprint, with net accumulation
HOLDERS
2
unchanged in 7d
AGGREGATE EXPOSURE
$22.5M
USD across all
TOP CONCENTRATION
76.7%
largest holder
FLOW
▲ $5.1M
unchanged in 7d

Sherpa Signal is derived from a panel of tracked institutional portfolios. Names of individual holders are not disclosed.

100K PAR NOTIONAL · MARKET VALUE
100,634 USD
PRICE
100.63

RFQ routing · coming soon

Security details

VIA OPENFIGI
Canonical
NAB Float 12/13/28
FIGI
BBG01ZFMCDL1
CUSIP
632525CN9
ISIN
US632525CN98
Type
Corp
Issued
2026-01-13
Face value
100 USD
Ticker
NAB F 12/13/28 144A
Sec. type
PRIV PLACEMENT
Seniority
Senior Unsecured

Issuer curve

NAB · 10 PTS

Yield (%) plotted against years-to-maturity. This bond highlighted in amber.