14 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%	4.56%	1.63%	100.42	8.04%
Insurance Australia	IAGPD	Capital Notes	15-Jun-23	4.70%	1.85%	0.92%	100.75	8.28%
ANZ	AN3PG	Capital Notes 4	20-Mar-24	4.70%	1.34%	0.21%	103.29	8.06%
CBA	CBAPH	PERLS 11	26-Apr-24	3.70%	1.11%	0.17%	102.87	7.13%
Bendigo Bank	BENPG	CPS 4	13-Jun-24	3.75%	1.75%	-0.75%	102.50	7.21%
Suncorp	SUNPG	Capital Notes 2	17-Jun-24	3.65%	2.45%	0.01%	101.50	7.18%
Westpac	WBCPI	Capital Notes 6	30-Jul-24	3.70%	2.10%	0.24%	102.10	7.18%
Bank of Qld.	BOQPE	Capital Notes	15-Aug-24	3.75%	2.90%	0.24%	101.80	7.30%
Macquarie Group	MQGPC	Capital Notes 3	16-Dec-24	4.00%	2.46%	0.22%	102.65	7.44%
ANZ	AN3PH	Capital Notes 5	20-Mar-25	3.80%	1.78%	-0.06%	103.78	7.16%
CBA	CBAPG	PERLS 10	15-Apr-25	3.40%	2.00%	0.03%	102.80	6.85%
Westpac	WBCPH	Capital Notes 5	22-Sep-25	3.20%	2.24%	0.14%	102.20	6.68%
AMP Group	AMPPB	Capital Notes 2	16-Dec-25	4.50%	4.07%	0.20%	101.30	8.03%
Macquarie Bank	MBLPC	Capital Notes 2	22-Dec-25	4.70%	2.45%	0.01%	105.53	7.89%
Challenger	CGFPC	Capital Notes 3	25-May-26	4.60%	3.73%	0.24%	103.00	8.03%
Nat. Aust. Bank	NABPF	Capital Notes 3	17-Jun-26	4.00%	2.39%	0.04%	104.65	7.30%
Suncorp	SUNPH	Capital Notes 3	17-Jun-26	3.00%	2.43%	-0.13%	101.78	6.52%
Macquarie Group	MQGPD	Capital Notes 4	10-Sep-26	4.15%	2.56%	-0.11%	104.98	7.43%
CBA	CBAPJ	PERLS 13	20-Oct-26	2.75%	2.44%	-0.01%	101.20	6.31%
Latitude	LFSPA	Capital Notes	27-Oct-26	4.75%	7.82%	0.41%	93.50	9.07%
Westpac	WBCPJ	Capital Notes 7	22-Mar-27	3.40%	2.75%	0.14%	102.31	6.87%
CBA	CBAPI	PERLS 12	20-Apr-27	3.00%	2.51%	0.02%	101.94	6.51%
Bank of Qld.	BOQPF	Capital Notes 2	14-May-27	3.80%	3.13%	0.09%	103.10	7.25%
Bendigo Bank	BENPH	Capital Notes	15-Jun-27	3.80%	3.18%	0.16%	102.45	7.26%
Macquarie Group	MQGPE	Capital Notes 5	20-Sep-27	2.90%	2.74%	0.16%	100.85	6.48%
Nat. Aust. Bank	NABPH	Capital Notes 5	17-Dec-27	3.50%	2.65%	-0.01%	103.49	6.90%
ANZ	AN3PI	Capital Notes 6	20-Mar-28	3.00%	2.60%	0.05%	101.84	6.51%
CBA	CBAPL	PERLS 15	15-Jun-28	2.85%	2.80%	0.13%	100.60	6.45%
Suncorp	SUNPI	Capital Notes 4	17-Jun-28	2.90%	2.86%	-0.10%	100.54	6.50%
Westpac	WBCPL	Capital Notes 9	22-Sep-28	3.40%	2.74%	0.12%	103.00	6.83%
Macquarie Bank	MBLPD	Capital Notes 3	7-Dec-28	2.90%	2.79%	0.15%	101.00	6.48%
Bank of Qld.	BOQPG	Capital Notes 3	15-Dec-28	3.40%	3.19%	0.00%	101.35	6.95%
ANZ	AN3PJ	Capital Notes 7	20-Mar-29	2.70%	2.67%	0.01%	100.49	6.30%
CBA	CBAPK	PERLS 14	15-Jun-29	2.75%	2.74%	0.14%	100.50	6.36%
Insurance Australia	IAGPE	Capital Notes 2	15-Jun-29	3.50%	3.37%	0.04%	101.10	7.06%
Macquarie Group	MQGPF	Capital Notes 6	12-Sep-29	3.70%	3.00%	-0.04%	103.75	7.08%
Nat. Aust. Bank	NABPI	Capital Notes 6	17-Sep-29	3.15%	2.83%	0.10%	101.90	6.66%
Westpac	WBCPK	Capital Notes 8	21-Sep-29	2.90%	2.66%	0.01%	101.46	6.44%

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%	5.23%	0.12%	91.15	8.87%
Ramsay Health Care	RHCPA	Preference Share	Perpetual	4.85%	4.95%	0.00%	105.47	8.59%

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