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%.
| 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% | 8.60% | 0.29% | 101.25 | 7.13% |
| AMP Group | AMPPB | Capital Notes 2 | 16/12/2025 | 4.50% | 2.48% | -0.84% | 102.55 | 8.20% |
| Macquarie Bank | MBLPC | Capital Notes 2 | 22/12/2025 | 4.70% | 2.06% | -0.82% | 102.79 | 8.36% |
| Challenger | CGFPC | Capital Notes 3 | 25/05/2026 | 4.60% | 2.65% | 0.04% | 104 | 8.23% |
| Nat Aust Bank | NABPF | Capital Notes 3 | 17/06/2026 | 4.00% | 2.12% | -0.20% | 103.4 | 7.64% |
| Suncorp | SUNPH | Capital Notes 3 | 17/06/2026 | 3.00% | 2.13% | 0.04% | 102.17 | 6.73% |
| Macquarie Group | MQGPD | Capital Notes 4 | 10/09/2026 | 4.15% | 1.44% | -0.85% | 104.82 | 7.68% |
| CBA | CBAPJ | PERLS 13 | 20/10/2026 | 2.75% | 1.78% | -0.47% | 102.55 | 6.46% |
| Latitude | LFSPA | Capital Notes | 27/10/2026 | 4.75% | 9.58% | -0.50% | 97 | 9.06% |
| Westpac | WBCPJ | Capital Notes 7 | 22/03/2027 | 3.40% | 3.06% | -0.22% | 103.889 | 7.14% |
| CBA | CBAPI | PERLS 12 | 20/04/2027 | 3.00% | 1.94% | -0.13% | 103.19 | 6.66% |
| Bank of Queensland | BOQPF | Capital Notes 2 | 14/05/2027 | 3.80% | 3.54% | 0.07% | 102.8 | 7.55% |
| Bendigo Bank | BENPH | Capital Notes | 15/06/2027 | 3.80% | 2.37% | -0.22% | 104.19 | 7.39% |
| Macquarie Group | MQGPE | Capital Notes 5 | 20/09/2027 | 2.90% | 2.22% | 0.02% | 102.6 | 6.59% |
| Nat Aust Bank | NABPH | Capital Notes 5 | 17/12/2027 | 3.50% | 2.16% | -0.04% | 104.5 | 7.07% |
| ANZ Bank | AN3PI | Capital Notes 6 | 20/03/2028 | 3.00% | 1.80% | -0.30% | 104.04 | 6.59% |
| CBA | CBAPL | PERLS 15 | 15/06/2028 | 2.85% | 2.14% | 0.07% | 103.25 | 6.51% |
| Suncorp | SUNPI | Capital Notes 4 | 17/06/2028 | 2.90% | 2.44% | 0.04% | 102.61 | 6.60% |
| Westpac | WBCPL | Capital Notes 9 | 22/09/2028 | 3.40% | 2.86% | 0.07% | 104.95 | 7.07% |
| Macquarie Bank | MBLPD | Capital Notes 3 | 7/12/2028 | 2.90% | 2.29% | 0.00% | 103.23 | 6.56% |
| Bank of Queensland | BOQPG | Capital Notes 3 | 15/12/2028 | 3.40% | 2.49% | -0.03% | 104.24 | 6.99% |
| Judo Capital | JDOPA | Capital Notes | 16/02/2029 | 6.50% | 4.00% | 0.60% | 110.51 | 9.55% |
| ANZ Bank | AN3PJ | Capital Notes 7 | 20/03/2029 | 2.70% | 2.16% | -0.08% | 102.8 | 6.37% |
| Challenger | CGFPD | Capital Notes 4 | 25/05/2029 | 3.60% | 2.57% | -0.13% | 105.4 | 7.14% |
| CBA | CBAPK | PERLS 14 | 15/06/2029 | 2.75% | 2.11% | 0.13% | 103.54 | 6.39% |
| IAG | IAGPE | Capital Notes 2 | 15/06/2029 | 3.50% | 2.87% | -0.25% | 105.15 | 7.13% |
| Macquarie Group | MQGPF | Capital Notes 6 | 12/09/2029 | 3.70% | 2.20% | 0.08% | 106.71 | 7.11% |
| Nat Aust Bank | NABPI | Capital Notes 6 | 17/09/2029 | 3.15% | 2.15% | -0.02% | 105 | 6.69% |
| Westpac | WBCPK | Capital Notes 8 | 21/09/2029 | 2.90% | 2.79% | 0.05% | 103.7 | 6.65% |
| ANZ Bank | AN3PK | Capital Notes 8 | 20/03/2030 | 2.75% | 2.18% | 0.00% | 103.35 | 6.39% |
| CBA | CBAPM | PERLS 16 | 17/06/2030 | 3.00% | 2.08% | 0.04% | 105.16 | 6.54% |
| Suncorp | SUNPJ | Capital Notes 5 | 17/06/2030 | 2.80% | 2.37% | -0.22% | 103.17 | 6.47% |
| Nat Aust Bank | NABPJ | Capital Notes 7 | 17/09/2030 | 2.80% | 2.22% | 0.01% | 103.88 | 6.42% |
| Bendigo Bank | BENPi | Capital Notes 2 | 13/12/2030 | 3.20% | 2.59% | -0.11% | 104.25 | 6.80% |
| Insurance Australia | IAGPF | Capital Notes 3 | 15/12/2030 | 3.20% | 2.87% | 0.01% | 104.33 | 6.87% |
| ANZ Bank | AN3PL | Capital Notes 9 | 20/03/2031 | 2.90% | 2.20% | 0.00% | 104.3 | 6.47% |
| Westpac | WBCPM | Capital Notes 10 | 22/09/2031 | 3.10% | 2.60% | -0.05% | 105.75 | 6.71% |
| Macquarie Group | MQGPG | Capital Notes 7 | 15/12/2031 | 2.65% | 2.27% | -0.06% | 103.21 | 6.31% |
| Nat Aust Bank | NABPK | Capital Notes 8 | 17/03/2032 | 2.60% | 2.20% | 0.33% | 103.5 | 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% | 4.69% | 0.00% | 92.3 | 8.48% |
| Ramsay Health Care | RHCPA | Preference Share | Perpetual | 4.85% | 4.43% | 0.06% | 106.56 | 8.23% |