National Australia Bank buys back $11.41 million subordinated floaters

By Sarah Lizee

Olympia, Wash., Feb. 16 – National Australia Bank Ltd. repurchased $11.41 million of its undated subordinated floating-rate notes on Thursday, according to a notice.

Following cancellation of the notes, the bank will have $86.74 million of the original $250 million left outstanding.

The notes were issued on Oct. 9, 1986.

National Australia Bank is based in Melbourne, Australia.

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