Summary-
Among ASX-listed hybrids on 12th May 2025, Judo Capital’s JDOPA stands out with the highest running yield of 9.58%, closely followed by Latitude’s LFSPA at 9.10% and Macquarie’s MBLPC at 8.38%, highlighting them as the most income-generative.
JDOPA also shows the largest daily price increase (+0.66%), reflecting strong investor interest. On the flip side, Macquarie’s MBLPC saw the sharpest price drop (-0.68%), suggesting some market volatility.
Among the perpetual securities, Nufarm’s NFNG and Ramsay Health Care’s RHCPA offer attractive running yields of 8.46% and 8.15% respectively.
ASX-Listed Hybrids_12.05.25
| 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% | 8.84% | 0.53% | 101.1 | 7.14% |
| AMP Group | AMPPB | Capital Notes 2 | 16/12/2025 | 4.50% | 3.20% | -0.12% | 102.1 | 8.24% |
| Macquarie Bank | MBLPC | Capital Notes 2 | 22/12/2025 | 4.70% | 2.20% | -0.68% | 102.68 | 8.38% |
| Challenger | CGFPC | Capital Notes 3 | 25/05/2026 | 4.60% | 3.01% | 0.40% | 103.601 | 8.27% |
| Nat Aust Bank | NABPF | Capital Notes 3 | 17/06/2026 | 4.00% | 2.21% | -0.11% | 103.27 | 7.66% |
| Suncorp | SUNPH | Capital Notes 3 | 17/06/2026 | 3.00% | 2.06% | -0.03% | 102.21 | 6.74% |
| Macquarie Group | MQGPD | Capital Notes 4 | 10/09/2026 | 4.15% | 2.15% | -0.14% | 103.9 | 7.75% |
| CBA | CBAPJ | PERLS 13 | 20/10/2026 | 2.75% | 1.87% | -0.38% | 102.4 | 6.47% |
| Latitude | LFSPA | Capital Notes | 27/10/2026 | 4.75% | 9.82% | -0.26% | 96.652 | 9.10% |
| Westpac | WBCPJ | Capital Notes 7 | 22/03/2027 | 3.40% | 3.26% | -0.02% | 103.518 | 7.18% |
| CBA | CBAPI | PERLS 12 | 20/04/2027 | 3.00% | 2.13% | 0.06% | 102.83 | 6.70% |
| Bank of Queensland | BOQPF | Capital Notes 2 | 14/05/2027 | 3.80% | 3.64% | 0.17% | 102.58 | 7.57% |
| Bendigo Bank | BENPH | Capital Notes | 15/06/2027 | 3.80% | 2.82% | 0.23% | 103.31 | 7.46% |
| Macquarie Group | MQGPE | Capital Notes 5 | 20/09/2027 | 2.90% | 2.27% | 0.07% | 102.47 | 6.61% |
| Nat Aust Bank | NABPH | Capital Notes 5 | 17/12/2027 | 3.50% | 2.22% | 0.02% | 104.34 | 7.09% |
| ANZ Bank | AN3PI | Capital Notes 6 | 20/03/2028 | 3.00% | 2.00% | -0.10% | 103.51 | 6.63% |
| CBA | CBAPL | PERLS 15 | 15/06/2028 | 2.85% | 2.32% | 0.25% | 102.75 | 6.55% |
| Suncorp | SUNPI | Capital Notes 4 | 17/06/2028 | 2.90% | 2.41% | 0.01% | 102.67 | 6.61% |
| Westpac | WBCPL | Capital Notes 9 | 22/09/2028 | 3.40% | 2.87% | 0.08% | 104.88 | 7.08% |
| Macquarie Bank | MBLPD | Capital Notes 3 | 7/12/2028 | 2.90% | 2.39% | 0.10% | 102.9 | 6.59% |
| Bank of Queensland | BOQPG | Capital Notes 3 | 15/12/2028 | 3.40% | 2.54% | 0.02% | 104.05 | 7.01% |
| Judo Capital | JDOPA | Capital Notes | 16/02/2029 | 6.50% | 4.06% | 0.66% | 110.28 | 9.58% |
| ANZ Bank | AN3PJ | Capital Notes 7 | 20/03/2029 | 2.70% | 2.22% | -0.02% | 102.61 | 6.39% |
| Challenger | CGFPD | Capital Notes 4 | 25/05/2029 | 3.60% | 2.39% | -0.31% | 105.97 | 7.10% |
| CBA | CBAPK | PERLS 14 | 15/06/2029 | 2.75% | 2.11% | 0.13% | 103.53 | 6.40% |
| IAG | IAGPE | Capital Notes 2 | 15/06/2029 | 3.50% | 3.03% | -0.09% | 104.6 | 7.17% |
| Macquarie Group | MQGPF | Capital Notes 6 | 12/09/2029 | 3.70% | 2.35% | 0.23% | 106.17 | 7.15% |
| Nat Aust Bank | NABPI | Capital Notes 6 | 17/09/2029 | 3.15% | 2.19% | 0.02% | 104.82 | 6.71% |
| Westpac | WBCPK | Capital Notes 8 | 21/09/2029 | 2.90% | 2.79% | 0.05% | 103.66 | 6.66% |
| ANZ Bank | AN3PK | Capital Notes 8 | 20/03/2030 | 2.75% | 2.26% | 0.08% | 103 | 6.42% |
| CBA | CBAPM | PERLS 16 | 17/06/2030 | 3.00% | 2.01% | -0.03% | 105.4 | 6.53% |
| Suncorp | SUNPJ | Capital Notes 5 | 17/06/2030 | 2.80% | 2.47% | -0.12% | 102.75 | 6.50% |
| Nat Aust Bank | NABPJ | Capital Notes 7 | 17/09/2030 | 2.80% | 2.13% | -0.08% | 104.2 | 6.41% |
| Bendigo Bank | BENPi | Capital Notes 2 | 13/12/2030 | 3.20% | 2.64% | -0.06% | 104.01 | 6.82% |
| Insurance Australia | IAGPF | Capital Notes 3 | 15/12/2030 | 3.20% | 2.92% | 0.06% | 104.1 | 6.90% |
| ANZ Bank | AN3PL | Capital Notes 9 | 20/03/2031 | 2.90% | 2.15% | -0.05% | 104.5 | 6.47% |
| Westpac | WBCPM | Capital Notes 10 | 22/09/2031 | 3.10% | 2.58% | -0.07% | 105.8 | 6.72% |
| Macquarie Group | MQGPG | Capital Notes 7 | 15/12/2031 | 2.65% | 2.31% | -0.02% | 103.01 | 6.33% |
| Nat Aust Bank | NABPK | Capital Notes 8 | 17/03/2032 | 2.60% | 2.22% | 0.35% | 103.38 | 6.26% |
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% | 4.65% | -0.03% | 92.2 | 8.46% |
| Ramsay Health Care | RHCPA | Preference Share | Perpetual | 4.85% | 4.34% | -0.03% | 107.15 | 8.15% |