Commonwealth Bank Of Australia · ASX:CBA
Commonwealth Bank Of Australia — Debt Investor Presentation (November 2010)
14 slides from Commonwealth Bank Of Australia's debt investor presentation, Nov 18, 2010
Slide 1: CommBank Retail Bonds Offer Investor Presentation
Click to edit Master CommBank Retail Bonds title style Offer For personal use only Investor Presentation Click to edit Master subtitle style Series 1 Tranche A Commonwealth Bank of Australia ABN 48 123 123 124 November 2010
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Commonwealth Bank of Australia and entities it controls (the “Bank”) in relation to the offer of CommBank Retail Bonds Series 1 Tranche A (the “Offer”). The Offer will be made in or accompanied by a copy of the offer document (“
Slide 3: Agenda
Agenda For personal use only Summary of the Offer Comparison to Savings Products Understanding the Ranking of CommBank Retail Bonds Benefits of Investing in CommBank Retail Bonds Risks of Investing in CommBank Retail Bonds Offer Structure, Key Dates and Contacts Appendix: Key Terms
Slide 4: Summary of the Offer
Summary of the Offer For personal use only CommBank Retail Bonds (“Bonds”) are interest bearing, unsubordinated¹ and unsecured bonds, issued by the Commonwealth Bank of Australia (“Bank”) The Offer will be made pursuant to an Offer Document lodged with ASX (“Offer”) Offer size of $500m, with the abi
Slide 5: Comparison to Savings Products
Comparison to Savings Products For personal use only There are key differences between savings accounts, term deposits and CommBank Retail Bonds as identified below Savings account Term deposit CommBank Retail Bonds Bank, credit union or Bank, credit union or Commonwealth Bank of Issuer building soc
Slide 6: Understanding the Ranking
Understanding the Ranking of CommBank Retail Bonds Examples of existing Bank For personal use only obligations/securities¹ Higher Secured debt Currently none² Liabilities in Australia in relation to The Bank’s customer deposits totalled $324 Protected Accounts (generally savings billion and accounte
Slide 7: Benefits of Investing in CommBank Retail Bonds
Benefits of Investing in CommBank Retail Bonds For personal use only Issued by the Bank Term of five years Floating interest rate equal to the sum of the Bank Bill Rate plus a Margin Fixed Margin of 1.05% per annum Interest paid quarterly in arrears Interest paid as 100% cash Interest is not deferra
Slide 8: Risks of Investing in CommBank Retail Bonds
Risks of Investing in CommBank Retail Bonds For personal use only Risks of investing in CommBank Retail Bonds include, but are not limited to: Investments in CommBank Retail Bonds are unsecured and not Protected Accounts or deposit liabilities of the Bank under the Banking Act 1959 (Cth) Market pric
Slide 9: Offer Structure
Offer Structure For personal use only Offer will be made pursuant to an Offer Document lodged with ASX Refer to the Offer Document for information on how to apply Minimum application of 50 CommBank Retail Bonds ($5,000) and thereafter in multiples of 10 CommBank Retail Bonds ($1,000) The Offer compr
Slide 10: Key Dates
Key Dates¹ For personal use only Key dates for the Offer Date Lodgement of Offer Document with ASX Thursday, 18 November 2010 Opening Date for the Offer Thursday, 18 November 2010 Bookbuild Thursday, 25 November 2010 Closing Date for the Offer 5.00pm (Sydney time) Friday, 17 December, 2010 Issue Dat
Slide 11: Offer Contacts
Offer Contacts For personal use only CBA Group Treasury Simon Maidment Tricia Ho-Hudson Head of Group Funding and Execution Head of Capital and Regulatory Strategy +61 2 9118 1339 +61 2 9118 1319 Sole Arranger & Bookrunner Truong Le Trevor Franz Debt Capital Markets Head of Equity Syndicate +61 2 91
Slide 12: Appendix: Key Terms
Appendix: Key Terms For personal use only The following is a summary of the key terms of CommBank Retail Bonds. Full terms and conditions are contained in the Offer Document Issuer Commonwealth Bank of Australia ABN 48 123 123 124 (“Bank”) CommBank Retail Bonds Interest bearing, unsubordinated¹ and
Slide 13: Appendix: Key Terms (cont'd)
Appendix: Key Terms (cont’d) For personal use only Interest Rate The Interest Rate for CommBank Retail Bonds is equal to the sum of the 90 day Bank Bill Rate on the first day of the Interest Periods plus the Margin Margin will be 1.05% basis points per annum For the first Interest Period, the Intere
Slide 14: Appendix: Key Terms (cont'd)
Appendix: Key Terms (cont’d) For personal use only Early redemption rights Prior to the Maturity Date, the Bank has the right to redeem all (but not some only) CommBank Retail Bonds on issue if a Tax Event occurs. The Bank does not have any other early redemption rights On the redemption date, you w
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