National Australia Bank buys back $1.95 million subordinated floaters

By Susanna Moon

Chicago, April 6 – National Australia Bank Ltd. repurchased $1.95 million of its $250 million undated subordinated floating-rate notes on Wednesday.

After the repurchase, there will be $128.47 million of the floaters left outstanding, according to an announcement from the company.

The notes were issued on Oct. 9, 1986.

National Australia is based in Melbourne, Australia.

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