Summary-
Judo Capital (JDOPA) continues to give the highest yield at 9.46% ASX-Listed hybrids on 5th May 2025. This was followed by Latitude (LFSPA) at 9.21% and Macquarie Bank (MBLPC) at 8.47%.
Latitude (LFSPA) also has the largest trading margin at 10.16%, indicating higher perceived risk.
Westpac (WBCPH) saw the largest day change, rising 0.29%, suggesting a notable price movement.
Nufarm (NFNG) with running yield of 8.50% and Ramsay (RHCPA) at a running yield of 8.20%; saw slight price declines on the day.
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-Sep-25 | 3.20% | 8.60% | 0.29% | 100.94 | 7.20% |
| AMP Group | AMPPB | Capital Notes 2 | 16-Dec-25 | 4.50% | 3.42% | 0.10% | 101.84 | 8.30% |
| Macquarie Bank | MBLPC | Capital Notes 2 | 22-Dec-25 | 4.70% | 2.96% | 0.08% | 102.11 | 8.47% |
| Challenger | CGFPC | Capital Notes 3 | 25-May-26 | 4.60% | 2.67% | 0.06% | 103.8 | 8.29% |
| Nat Aust Bank | NABPF | Capital Notes 3 | 17-Jun-26 | 4.00% | 2.37% | 0.05% | 102.97 | 7.72% |
| Suncorp | SUNPH | Capital Notes 3 | 17-Jun-26 | 3.00% | 2.14% | 0.05% | 102 | 6.80% |
| Macquarie Group | MQGPD | Capital Notes 4 | 10-Sep-26 | 4.15% | 2.33% | 0.04% | 103.57 | 7.82% |
| CBA | CBAPJ | PERLS 13 | 20-Oct-26 | 2.75% | 2.29% | 0.04% | 101.71 | 6.56% |
| Latitude | LFSPA | Capital Notes | 27-Oct-26 | 4.75% | 10.16% | 0.08% | 96.01 | 9.21% |
| Westpac | WBCPJ | Capital Notes 7 | 22-Mar-27 | 3.40% | 3.32% | 0.04% | 103.269 | 7.24% |
| CBA | CBAPI | PERLS 12 | 20-Apr-27 | 3.00% | 2.10% | 0.03% | 102.75 | 6.75% |
| Bank of Queensland | BOQPF | Capital Notes 2 | 14-May-27 | 3.80% | 3.50% | 0.03% | 102.65 | 7.61% |
| Bendigo Bank | BENPH | Capital Notes | 15-Jun-27 | 3.80% | 2.62% | 0.03% | 103.54 | 7.48% |
| Macquarie Group | MQGPE | Capital Notes 5 | 20-Sep-27 | 2.90% | 2.22% | 0.02% | 102.46 | 6.66% |
| Nat Aust Bank | NABPH | Capital Notes 5 | 17-Dec-27 | 3.50% | 2.22% | 0.02% | 104.199 | 7.14% |
| ANZ Bank | AN3PI | Capital Notes 6 | 20-Mar-28 | 3.00% | 2.11% | 0.01% | 103.15 | 6.70% |
| CBA | CBAPL | PERLS 15 | 15-Jun-28 | 2.85% | 2.09% | 0.02% | 103.22 | 6.57% |
| Suncorp | SUNPI | Capital Notes 4 | 17-Jun-28 | 2.90% | 2.42% | 0.02% | 102.5 | 6.66% |
| Westpac | WBCPL | Capital Notes 9 | 22-Sep-28 | 3.40% | 2.81% | 0.02% | 104.9 | 7.12% |
| Macquarie Bank | MBLPD | Capital Notes 3 | 7-Dec-28 | 2.90% | 2.31% | 0.02% | 103.04 | 6.63% |
| Bank of Queensland | BOQPG | Capital Notes 3 | 15-Dec-28 | 3.40% | 2.54% | 0.02% | 103.92 | 7.06% |
| Judo Capital | JDOPA | Capital Notes | 16-Feb-29 | 6.50% | 3.43% | 0.03% | 111.99 | 9.46% |
| ANZ Bank | AN3PJ | Capital Notes 7 | 20-Mar-29 | 2.70% | 2.25% | 0.01% | 102.4 | 6.45% |
| Challenger | CGFPD | Capital Notes 4 | 25-May-29 | 3.60% | 2.72% | 0.02% | 104.75 | 7.23% |
| CBA | CBAPK | PERLS 14 | 15-Jun-29 | 2.75% | 1.99% | 0.01% | 103.79 | 6.43% |
| IAG | IAGPE | Capital Notes 2 | 15-Jun-29 | 3.50% | 3.13% | 0.01% | 104.15 | 7.25% |
| Macquarie Group | MQGPF | Capital Notes 6 | 12-Sep-29 | 3.70% | 2.14% | 0.02% | 106.8 | 7.15% |
| Nat Aust Bank | NABPI | Capital Notes 6 | 17-Sep-29 | 3.15% | 2.19% | 0.02% | 104.7 | 6.76% |
| Westpac | WBCPK | Capital Notes 8 | 21-Sep-29 | 2.90% | 2.75% | 0.01% | 103.64 | 6.71% |
| ANZ Bank | AN3PK | Capital Notes 8 | 20-Mar-30 | 2.75% | 2.19% | 0.01% | 103.16 | 6.45% |
| CBA | CBAPM | PERLS 16 | 17-Jun-30 | 3.00% | 2.05% | 0.01% | 105.1 | 6.59% |
| Suncorp | SUNPJ | Capital Notes 5 | 17-Jun-30 | 2.80% | 2.61% | 0.02% | 102.11 | 6.59% |
| Nat Aust Bank | NABPJ | Capital Notes 7 | 17-Sep-30 | 2.80% | 2.22% | 0.01% | 103.7 | 6.49% |
| Bendigo Bank | BENPi | Capital Notes 2 | 13-Dec-30 | 3.20% | 2.72% | 0.02% | 103.55 | 6.89% |
| Insurance Australia | IAGPF | Capital Notes 3 | 15-Dec-30 | 3.20% | 2.87% | 0.01% | 104.18 | 6.94% |
| ANZ Bank | AN3PL | Capital Notes 9 | 20-Mar-31 | 2.90% | 2.20% | 0.00% | 104.15 | 6.54% |
| Westpac | WBCPM | Capital Notes 10 | 22-Sep-31 | 3.10% | 2.66% | 0.01% | 105.29 | 6.80% |
| Macquarie Group | MQGPG | Capital Notes 7 | 15-Dec-31 | 2.65% | 2.34% | 0.01% | 102.75 | 6.39% |
| Nat Aust Bank | NABPK | Capital Notes 8 | 17-Mar-32 | 2.60% | 1.88% | 0.01% | 104.89 | 6.22% |
ASX-Listed Hybrids (Non-standard)
| COMPANY | CODE | HYBRID TYPE | MATURITY/ CALL DATE | MARGIN INCL. CREDITS | TRADING MARGIN | DAY CHANGE | DAY CLOSE | RUNNING YIELD** |
|---|---|---|---|---|---|---|---|---|
| Nufarm | NFNG | Step Up | Perpetual | 3.90% | 4.63% | -0.05% | 92.1 | 8.50% |
| Ramsay Health Care | RHCPA | Preference Share | Perpetual | 4.85% | 4.33% | -0.03% | 106.88 | 8.20% |