Summary-
As of March 14, 2025, the highest-yielding ASX hybrid securities include Judo Capital (JDOPA) with a running yield of 9.48%, followed by Latitude (LFSPA) at 9.20%. AMP Group (AMPPB) offers a strong yield of 8.61%, while Macquarie Bank (MBLPC) provides a competitive yield of 8.78%. These hybrids stand out for their attractive returns in the current market.
For ASX Hybrid (non-standard), Nufarm (NFNG) offers a strong running yield of 8.86%, trading at 93.9 with a weekly change of -0.36%. Ramsay Health Care (RHCPA) follows with a yield of 8.62%, closing the week at 107.7 with a weekly change of -0.19%.
ASX-Listed Hybrids
| COMPANY | CODE | HYBRID TYPE | MATURITY/ CALL DATE | MARGIN INCL. CREDITS | TRADING MARGIN | WEEK CHANGE | WEEK CLOSE | RUNNING YIELD** |
|---|---|---|---|---|---|---|---|---|
| ANZ Bank | AN3PH | Capital Notes 5 | 20-Mar-25 | 3.8% | 5.26% | 4.77% | 101.23 | 7.90% |
| CBA | CBAPG | PERLS 10 | 15-Apr-25 | 3.4% | 21.53% | 19.74% | 99.79 | 7.64% |
| Westpac | WBCPH | Capital Notes 5 | 22-Sep-25 | 3.2% | 5.49% | 3.59% | 100.39 | 7.38% |
| AMP Group | AMPPB | Capital Notes 2 | 16-Dec-25 | 4.5% | 4.84% | 3.09% | 101.65 | 8.61% |
| Macquarie Bank | MBLPC | Capital Notes 2 | 22-Dec-25 | 4.7% | 4.53% | 2.36% | 101.82 | 8.78% |
| Challenger | CGFPC | Capital Notes 3 | 25-May-26 | 4.6% | 2.38% | 0.33% | 102.9 | 8.47% |
| Nat Aust Bank | NABPF | Capital Notes 3 | 17-Jun-26 | 4.0% | 1.98% | 0.23% | 102.3 | 7.89% |
| Suncorp | SUNPH | Capital Notes 3 | 17-Jun-26 | 3.0% | 2.05% | 0.04% | 101.01 | 7.01% |
| Macquarie Group | MQGPD | Capital Notes 4 | 10-Sep-26 | 4.2% | 1.95% | 0.19% | 103.15 | 7.99% |
| CBA | CBAPJ | PERLS 13 | 20-Oct-26 | 2.8% | 3.02% | 1.06% | 101.3 | 6.87% |
| Latitude | LFSPA | Capital Notes | 27-Oct-26 | 4.8% | 7.68% | -0.21% | 97.1 | 9.20% |
| Westpac | WBCPJ | Capital Notes 7 | 22-Mar-27 | 3.4% | 2.94% | 1.08% | 102.62 | 7.42% |
| CBA | CBAPI | PERLS 12 | 20-Apr-27 | 3.0% | 2.83% | 0.73% | 102.12 | 7.06% |
| Bank of Queensland | BOQPF | Capital Notes 2 | 14-May-27 | 3.8% | 2.13% | 0.30% | 103.85 | 7.63% |
| Bendigo Bank | BENPH | Capital Notes | 15-Jun-27 | 3.8% | 2.35% | 0.00% | 102.87 | 7.66% |
| Macquarie Group | MQGPE | Capital Notes 5 | 20-Sep-27 | 2.9% | 2.13% | 0.20% | 102.02 | 6.87% |
| Nat Aust Bank | NABPH | Capital Notes 5 | 17-Dec-27 | 3.5% | 1.94% | -0.09% | 103.72 | 7.31% |
| ANZ Bank | AN3PI | Capital Notes 6 | 20-Mar-28 | 3.0% | 2.26% | 0.29% | 103.36 | 6.95% |
| CBA | CBAPL | PERLS 15 | 15-Jun-28 | 2.9% | 2.59% | 0.51% | 102.57 | 6.88% |
| Suncorp | SUNPI | Capital Notes 4 | 17-Jun-28 | 2.9% | 2.33% | 0.11% | 101.6 | 6.87% |
| Westpac | WBCPL | Capital Notes 9 | 22-Sep-28 | 3.4% | 2.47% | 0.55% | 104.6 | 7.28% |
| Macquarie Bank | MBLPD | Capital Notes 3 | 07-Dec-28 | 2.9% | 2.08% | 0.06% | 102.8 | 6.81% |
| Bank of Queensland | BOQPG | Capital Notes 3 | 15-Dec-28 | 3.4% | 2.57% | 0.29% | 102.604 | 7.29% |
| Judo Capital | JDOPA | Capital Notes | 16-Feb-29 | 6.5% | 2.82% | -0.26% | 112.3 | 9.48% |
| ANZ Bank | AN3PJ | Capital Notes 7 | 20-Mar-29 | 2.7% | 2.40% | 0.42% | 102.45 | 6.71% |
| Challenger | CGFPD | Capital Notes 4 | 25-May-29 | 3.6% | 2.66% | 0.41% | 103.68 | 7.44% |
| CBA | CBAPK | PERLS 14 | 15-Jun-29 | 2.8% | 2.39% | 0.21% | 103.1 | 6.74% |
| IAG | IAGPE | Capital Notes 2 | 15-Jun-29 | 3.5% | 3.02% | 0.73% | 103.44 | 7.45% |
| Macquarie Group | MQGPF | Capital Notes 6 | 12-Sep-29 | 3.7% | 2.14% | 0.06% | 105.75 | 7.37% |
| Nat Aust Bank | NABPI | Capital Notes 6 | 17-Sep-29 | 3.2% | 1.95% | -0.27% | 104.39 | 6.93% |
| Westpac | WBCPK | Capital Notes 8 | 21-Sep-29 | 2.9% | 2.62% | 0.47% | 102.87 | 6.90% |
| ANZ Bank | AN3PK | Capital Notes 8 | 20-Mar-30 | 2.8% | 2.50% | 0.31% | 102.52 | 6.76% |
| CBA | CBAPM | PERLS 16 | 17-Jun-30 | 3.0% | 2.53% | 0.38% | 103.9 | 6.94% |
| Suncorp | SUNPJ | Capital Notes 5 | 17-Jun-30 | 2.8% | 2.34% | 0.04% | 101.99 | 6.75% |
| Nat Aust Bank | NABPJ | Capital Notes 7 | 17-Sep-30 | 2.8% | 2.12% | -0.19% | 103 | 6.68% |
| Bendigo Bank | BENPi | Capital Notes 2 | 13-Dec-30 | 3.2% | 2.56% | 0.14% | 103 | 7.07% |
| Insurance Australia | IAGPF | Capital Notes 3 | 15-Dec-30 | 3.2% | 2.91% | 0.41% | 103.02 | 7.18% |
| ANZ Bank | AN3PL | Capital Notes 9 | 20-Mar-31 | 2.9% | 2.45% | 0.47% | 103.61 | 6.83% |
| Westpac | WBCPM | Capital Notes 10 | 22-Sep-31 | 3.1% | 2.42% | 0.31% | 105.14 | 6.95% |
| Macquarie Group | MQGPG | Capital Notes 7 | 15-Dec-31 | 2.7% | 2.31% | -0.22% | 101.89 | 6.61% |
| Nat Aust Bank | NABPK | Capital Notes 8 | 17-Mar-32 | 2.6% | 2.05% | -0.13% | 102.95 | 6.49% |
ASX-Listed Hybrids (Non-standard)
| COMPANY | CODE | HYBRID TYPE | MATURITY/ CALL DATE | MARGIN INCL. CREDITS | TRADING MARGIN | WEEK CHANGE | WEEK CLOSE | RUNNING YIELD** |
|---|---|---|---|---|---|---|---|---|
| Nufarm | NFNG | Step Up | Perpetual | 3.90% | 4.76% | -0.36% | 93.9 | 8.86% |
| Ramsay Health Care | RHCPA | Preference Share | Perpetual | 4.85% | 4.52% | -0.19% | 107.7 | 8.62% |