Commonwealth Bank Seeks ASX Quotation for USD 1.75bn Covered Bond Issue

Commonwealth Bank of Australia ( (AU:CBA) ) has provided an announcement.

Commonwealth Bank of Australia has applied for quotation on the ASX of a new class of USD 1.75 billion fixed-rate covered bonds due in 2029, carrying a 4.011% coupon. The securities, totaling 1,750,000 units, are to be issued and quoted from April 30, 2026, expanding the bank’s access to term funding in foreign currency capital markets.

The covered bond issue underscores the bank’s continued use of wholesale funding to support its lending activities and balance sheet management. By listing the bonds on the ASX, Commonwealth Bank may enhance liquidity and transparency for fixed-income investors, potentially broadening its investor base and reinforcing its position in the Australian and global debt markets.

The most recent analyst rating on (AU:CBA) stock is a Sell with a A$140.00 price target. To see the full list of analyst forecasts on Commonwealth Bank of Australia stock, see the AU:CBA Stock Forecast page.

More about Commonwealth Bank of Australia

Commonwealth Bank of Australia is a major Australian banking and financial services group listed on the ASX, providing retail, business and institutional banking products. The group also offers wealth management, payments and financial markets services to customers in Australia and international funding markets.

Average Trading Volume: 2,181,038

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$289.4B

For detailed information about CBA stock, go to TipRanks’ Stock Analysis page.