23 March 2023 (End of day)

ASX-LISTED HYBRIDS

COMPANY	CODE	HYBRID TYPE	MATURITY/ CALL DATE	MARGIN INCL. CREDITS	TRADING MARGIN	DAY CHANGE	PRICE (LAST)	RUNNING YIELD**
Challenger	CGFPB	Capital Notes 2	22-May-23	4.40%	7.75%	-0.45%	100.10	8.18%
Insurance Australia	IAGPD	Capital Notes	15-Jun-23	4.70%	1.91%	-2.62%	100.75	8.38%
ANZ	AN3PG	Capital Notes 4	20-Mar-24	4.70%	3.01%	0.22%	101.80	8.29%
CBA	CBAPH	PERLS 11	26-Apr-24	3.70%	2.56%	-0.21%	101.45	7.34%
Bendigo Bank	BENPG	CPS 4	13-Jun-24	3.75%	3.59%	-0.65%	100.50	7.46%
Suncorp	SUNPG	Capital Notes 2	17-Jun-24	3.65%	2.74%	0.39%	101.30	7.30%
Westpac	WBCPI	Capital Notes 6	30-Jul-24	3.70%	2.70%	0.30%	101.47	7.33%
Bank of Qld.	BOQPE	Capital Notes	15-Aug-24	3.75%	4.15%	-0.29%	100.39	7.51%
Macquarie Group	MQGPC	Capital Notes 3	16-Dec-24	4.00%	2.97%	-0.17%	101.95	7.60%
ANZ	AN3PH	Capital Notes 5	20-Mar-25	3.80%	2.77%	-0.14%	102.11	7.39%
CBA	CBAPG	PERLS 10	15-Apr-25	3.40%	2.62%	0.01%	101.78	7.02%
Westpac	WBCPH	Capital Notes 5	22-Sep-25	3.20%	3.28%	0.01%	100.11	6.93%
AMP Group	AMPPB	Capital Notes 2	16-Dec-25	4.50%	3.83%	0.04%	102.03	8.09%
Macquarie Bank	MBLPC	Capital Notes 2	22-Dec-25	4.70%	3.37%	-0.21%	103.46	8.16%
Challenger	CGFPC	Capital Notes 3	25-May-26	4.60%	3.79%	-0.20%	103.04	8.14%
Nat. Aust. Bank	NABPF	Capital Notes 3	17-Jun-26	4.00%	3.02%	-0.02%	103.07	7.52%
Suncorp	SUNPH	Capital Notes 3	17-Jun-26	3.00%	3.15%	0.12%	100.00	6.74%
Macquarie Group	MQGPD	Capital Notes 4	10-Sep-26	4.15%	3.53%	-0.07%	102.35	7.72%
CBA	CBAPJ	PERLS 13	20-Oct-26	2.75%	2.92%	-0.28%	99.93	6.50%
Latitude	LFSPA	Capital Notes	27-Oct-26	4.75%	8.54%	-0.33%	92.03	9.35%
Westpac	WBCPJ	Capital Notes 7	22-Mar-27	3.40%	3.25%	0.01%	100.89	7.08%
CBA	CBAPI	PERLS 12	20-Apr-27	3.00%	3.01%	0.01%	100.46	6.72%
Bank of Qld.	BOQPF	Capital Notes 2	14-May-27	3.80%	3.93%	0.02%	100.76	7.54%
Bendigo Bank	BENPH	Capital Notes	15-Jun-27	3.80%	3.41%	-0.25%	101.85	7.41%
Macquarie Group	MQGPE	Capital Notes 5	20-Sep-27	2.90%	3.31%	-0.12%	99.01	6.71%
Nat. Aust. Bank	NABPH	Capital Notes 5	17-Dec-27	3.50%	3.30%	-0.07%	101.26	7.16%
ANZ	AN3PI	Capital Notes 6	20-Mar-28	3.00%	3.02%	-0.02%	100.40	6.71%
CBA	CBAPL	PERLS 15	15-Jun-28	2.85%	3.01%	0.00%	99.95	6.60%
Suncorp	SUNPI	Capital Notes 4	17-Jun-28	2.90%	3.34%	-0.19%	98.85	6.72%
Westpac	WBCPL	Capital Notes 9	22-Sep-28	3.40%	3.35%	0.19%	100.71	7.09%
Macquarie Bank	MBLPD	Capital Notes 3	7-Dec-28	2.90%	3.31%	-0.17%	99.01	6.72%
Bank of Qld.	BOQPG	Capital Notes 3	15-Dec-28	3.40%	3.57%	-0.06%	100.00	7.15%
ANZ	AN3PJ	Capital Notes 7	20-Mar-29	2.70%	3.03%	0.07%	99.07	6.50%
CBA	CBAPK	PERLS 14	15-Jun-29	2.75%	3.04%	0.04%	99.30	6.54%
Insurance Australia	IAGPE	Capital Notes 2	15-Jun-29	3.50%	3.65%	-0.01%	100.04	7.24%
Macquarie Group	MQGPF	Capital Notes 6	12-Sep-29	3.70%	3.52%	-0.12%	101.55	7.34%
Nat. Aust. Bank	NABPI	Capital Notes 6	17-Sep-29	3.15%	3.23%	-0.02%	100.25	6.88%
Westpac	WBCPK	Capital Notes 8	21-Sep-29	2.90%	3.13%	-0.07%	99.50	6.67%

ASX-LISTED HYBRIDS (NON-STANDARD)

COMPANY	CODE	HYBRID TYPE	MATURITY/ CALL DATE	MARGIN INCL. CREDITS	TRADING MARGIN	DAY CHANGE	PRICE (LAST)	RUNNING YIELD**
Nufarm	NFNG	Step Up	Perpetual	3.90%	4.93%	0.02%	92.70	8.66%
Ramsay Health Care	RHCPA	Preference Share	Perpetual	4.85%	4.78%	0.03%	105.75	8.52%

^{** “Clean” running yield. Includes franking credits if present.}