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An update from Commonwealth Bank of Australia ( (AU:CBA) ) is now available.
The Commonwealth Bank of Australia has announced the issuance of USD 1.5 billion in Covered Bonds as part of its larger USD 40 billion Covered Bond Programme. This move is significant for the bank’s operations as it enhances its funding strategy and strengthens its market position, although these bonds are not registered under U.S. securities laws, limiting their availability to specific jurisdictions.
More about Commonwealth Bank of Australia
Commonwealth Bank of Australia is a major financial institution operating within the banking industry. It provides a range of financial services, including retail, business, and institutional banking, along with wealth management products, primarily focusing on the Australian market.
YTD Price Performance: 1.92%
Average Trading Volume: 1,785,205
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$261.1B
See more data about CBA stock on TipRanks’ Stock Analysis page.
