Summary-
Judo Capital continues to lead all ASX-listed hybrids on 14th May 2025, posting the highest positive daily change of +0.60% and offering the top running yield at 9.55%. The most significant decline came from Macquarie’s MQGPD with a running yield of 7.68%, which dropped -0.85%, marking one of the steepest single-day losses among major hybrid securities. AMP Group (AMPPB) and Macquarie (MBLPC), also fell sharply by -0.84% and -0.82%, respectively. Latitude (LFSPA) saw a notable negative move of -0.50%, despite offering the second-highest yield at 9.06%.
ASX-Listed Hybrids
| COMPANY | CODE | HYBRID TYPE | MATURITY/ CALL DATE | MARGIN INCL. CREDITS | TRADING MARGIN | DAY CHANGE | DAY CLOSE | RUNNING YIELD** |
|---|---|---|---|---|---|---|---|---|
| Westpac | WBCPH | Capital Notes 5 | 22/09/2025 | 3.20% | 8.40% | 0.09% | 101.35 | 7.12% |
| AMP Group | AMPPB | Capital Notes 2 | 16/12/2025 | 4.50% | 3.10% | -0.22% | 102.21 | 8.22% |
| Macquarie Bank | MBLPC | Capital Notes 2 | 22/12/2025 | 4.70% | 2.63% | -0.25% | 102.46 | 8.38% |
| Challenger | CGFPC | Capital Notes 3 | 25/05/2026 | 4.60% | 4.06% | 1.45% | 102.65 | 8.34% |
| Nat Aust Bank | NABPF | Capital Notes 3 | 17/06/2026 | 4.00% | 2.15% | -0.17% | 103.38 | 7.64% |
| Suncorp | SUNPH | Capital Notes 3 | 17/06/2026 | 3.00% | 1.92% | -0.17% | 102.41 | 6.71% |
| Macquarie Group | MQGPD | Capital Notes 4 | 10/09/2026 | 4.15% | 1.86% | -0.43% | 104.311 | 7.71% |
| CBA | CBAPJ | PERLS 13 | 20/10/2026 | 2.75% | 1.93% | -0.32% | 102.361 | 6.46% |
| Latitude | LFSPA | Capital Notes | 27/10/2026 | 4.75% | 9.69% | -0.39% | 96.9 | 9.07% |
| Westpac | WBCPJ | Capital Notes 7 | 22/03/2027 | 3.40% | 3.23% | -0.05% | 103.62 | 7.16% |
| CBA | CBAPI | PERLS 12 | 20/04/2027 | 3.00% | 2.06% | -0.01% | 103 | 6.67% |
| Bank of Queensland | BOQPF | Capital Notes 2 | 14/05/2027 | 3.80% | 3.15% | -0.32% | 103.5 | 7.49% |
| Bendigo Bank | BENPH | Capital Notes | 15/06/2027 | 3.80% | 2.48% | -0.11% | 104 | 7.40% |
| Macquarie Group | MQGPE | Capital Notes 5 | 20/09/2027 | 2.90% | 2.18% | -0.02% | 102.7 | 6.58% |
| Nat Aust Bank | NABPH | Capital Notes 5 | 17/12/2027 | 3.50% | 2.22% | 0.02% | 104.4 | 7.07% |
| ANZ Bank | AN3PI | Capital Notes 6 | 20/03/2028 | 3.00% | 1.86% | -0.24% | 103.9 | 6.59% |
| CBA | CBAPL | PERLS 15 | 15/06/2028 | 2.85% | 2.23% | 0.16% | 103.05 | 6.52% |
| Suncorp | SUNPI | Capital Notes 4 | 17/06/2028 | 2.90% | 2.44% | 0.04% | 102.64 | 6.60% |
| Westpac | WBCPL | Capital Notes 9 | 22/09/2028 | 3.40% | 2.97% | 0.18% | 104.65 | 7.09% |
| Macquarie Bank | MBLPD | Capital Notes 3 | 7/12/2028 | 2.90% | 2.40% | 0.11% | 102.92 | 6.58% |
| Bank of Queensland | BOQPG | Capital Notes 3 | 15/12/2028 | 3.40% | 2.48% | -0.04% | 104.3 | 6.98% |
| Judo Capital | JDOPA | Capital Notes | 16/02/2029 | 6.50% | 4.01% | 0.61% | 110.5 | 9.55% |
| ANZ Bank | AN3PJ | Capital Notes 7 | 20/03/2029 | 2.70% | 2.15% | -0.09% | 102.85 | 6.36% |
| Challenger | CGFPD | Capital Notes 4 | 25/05/2029 | 3.60% | 2.58% | -0.12% | 105.4 | 7.13% |
| CBA | CBAPK | PERLS 14 | 15/06/2029 | 2.75% | 2.20% | 0.22% | 103.27 | 6.41% |
| IAG | IAGPE | Capital Notes 2 | 15/06/2029 | 3.50% | 2.87% | -0.25% | 105.15 | 7.12% |
| Macquarie Group | MQGPF | Capital Notes 6 | 12/09/2029 | 3.70% | 2.36% | 0.24% | 106.17 | 7.14% |
| Nat Aust Bank | NABPI | Capital Notes 6 | 17/09/2029 | 3.15% | 2.14% | -0.03% | 105.05 | 6.69% |
| Westpac | WBCPK | Capital Notes 8 | 21/09/2029 | 2.90% | 2.76% | 0.02% | 103.82 | 6.64% |
| ANZ Bank | AN3PK | Capital Notes 8 | 20/03/2030 | 2.75% | 2.16% | -0.02% | 103.44 | 6.38% |
| CBA | CBAPM | PERLS 16 | 17/06/2030 | 3.00% | 2.05% | 0.01% | 105.31 | 6.52% |
| Suncorp | SUNPJ | Capital Notes 5 | 17/06/2030 | 2.80% | 2.42% | -0.17% | 103 | 6.47% |
| Nat Aust Bank | NABPJ | Capital Notes 7 | 17/09/2030 | 2.80% | 2.26% | 0.05% | 103.73 | 6.43% |
| Bendigo Bank | BENPi | Capital Notes 2 | 13/12/2030 | 3.20% | 2.65% | -0.05% | 104 | 6.81% |
| Insurance Australia | IAGPF | Capital Notes 3 | 15/12/2030 | 3.20% | 2.93% | 0.07% | 104.11 | 6.88% |
| ANZ Bank | AN3PL | Capital Notes 9 | 20/03/2031 | 2.90% | 2.13% | -0.07% | 104.6 | 6.45% |
| Westpac | WBCPM | Capital Notes 10 | 22/09/2031 | 3.10% | 2.62% | -0.03% | 105.7 | 6.71% |
| Macquarie Group | MQGPG | Capital Notes 7 | 15/12/2031 | 2.65% | 2.31% | -0.02% | 103.03 | 6.31% |
| Nat Aust Bank | NABPK | Capital Notes 8 | 17/03/2032 | 2.60% | 2.21% | 0.34% | 103.45 | 6.25% |
ASX-Listed Hybrids (Non-standard)
| COMPANY | CODE | BOND TYPE | CALL DATE | ISSUE MARGIN (inc frank) | TRADING MARGIN | ?DAY | CLOSING PRICE | RUNNING YIELD |
|---|---|---|---|---|---|---|---|---|
| Nufarm | NFNG | Step Up | Perpetual | 3.90% | 4.70% | 0.02% | 91.91 | 8.50% |
| Ramsay Health Care | RHCPA | Preference Share | Perpetual | 4.85% | 4.45% | 0.08% | 106.17 | 8.24% |