FRN Variable Rate Fix

BY Business Wire | CORPORATE | 09/14/21 05:54 AM EDT

LONDON--(BUSINESS WIRE)-- ?

COMMONWEALTH BANK OF AUSTRALIA
Issue of GBP 37,000,000 Floating Rate Covered
Bonds due 2021 Series 57 Tranche 1 MTN
ISSUE NAME.
Our Ref. MK2154
ISIN Code. XS1494693978
INTEREST AMT PER DENOM.
CURRENCY CODE. GBP
DAY BASIS. ACTUAL/365 FIXED (A005)
NUM OF DAYS. 92
INTEREST RATE. 0.45113 PCT
VALUE DATE. 23/09/2021
INTEREST PERIOD. 23/06/2021 TO 23/09/2021
GBP 1,000.00 IS GBP 1.14
POOL FACTOR. N/A

Source: Deutsche Bank AG

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article