Case Studies

Case Studies

The following Case Studies are for illustrative purposes only and are not a guarantee or forecast of the actual payments or rates that may be achieved. Past performance is not a reliable indicator of future performance. 

Calculation of Bank Hybrid franked distributions

An example of how to calculate distribution rates and distribution amounts for a Bank Hybrid where distributions are fully franked. Distributions are only payable subject to the satisfaction of the Distribution Payment Conditions. Franking Credits are generally taken into account in calculating distributions on Bank Hybrids.

Non-Viability Trigger Event

An example of how to calculate the number of ordinary shares that an investor might receive following conversion of a Bank Hybrid after the occurrence of a Non-Viability Trigger Event.

Scheduled or Mandatory conversion

An example of how to calculate the number of ordinary shares an investor will receive following scheduled conversion.

Selling Bank Hybrids on the ASX

An investor selling Bank Hybrids on the ASX