Macquarie Bank Limited Declares AUD 1.62880000 Distribution on MBLPD Capital Notes for December 2026 Payment

Aakashdeep

06 November 2026 11:23 AM AEDT

Macquarie Bank Limited Declares AUD 1.62880000 Distribution on MBLPD Capital Notes for December 2026 Payment

Image Source: Krish Capital Pty Ltd

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Macquarie Bank Limited (ASX:MBL) has notified the market of a quarterly distribution of AUD 1.62880000 per security on its CAP NOTE 3-BBSW+2.90% PERP NON-CUM RED T-09-28 (ASX:MBLPD), with a payment date of 7 December 2026, according to a filing lodged on 6 November 2026.

Key Points

Distribution amount of AUD 1.62880000 per MBLPD security, covering a period of 91 days from 7 September 2026 to 6 December 2026
Ex date is 19 November 2026, record date is 20 November 2026, and payment date is 7 December 2026
Total distribution rate for the period is 6.5330% per annum, based on a reference rate of 4.6130% and a fixed margin of 2.9000%
Distribution is 35% franked at a corporate tax rate of 30%, with a franked amount of AUD 0.57008000 per security

MBLPD Distribution Rate Calculation for the Quarter Ending 6 December 2026

According to the filing, the distribution rate was set on 6 November 2026. The base reference rate of 4.6130% per annum reflects the 90-day BBSW mid rate on the first day of the distribution period, with a fixed margin of 2.9000% per annum applied. These two components combine to a gross rate of 7.5130% per annum. A franking adjustment factor of 86.9565% was then applied, calculated as (1 minus Tax Rate) divided by (1 minus Tax Rate multiplied by (1 minus Franking Rate)), producing a total distribution rate of 6.5330% per annum for the period.

Franking and Tax Component Details

The filing discloses that the distribution is partly franked, with 35.0000% of the distribution franked at the applicable corporate tax rate of 30.0000%. The franked amount per security is AUD 0.57008000. The unfranked amount per security, excluding conduit foreign income, is disclosed as AUD 0.00000000, while the conduit foreign income amount per security is AUD 1.05872000. The filing states no securities plan for dividends or distributions is in place for this security, and no additional external approvals are required prior to the payment timetable.

Distribution Timetable for MBLPD Securities

The distribution payment period runs from 7 September 2026 to 6 December 2026, spanning 91 days. The ex date for the distribution is 19 November 2026, and the record date is 20 November 2026. The payment date is scheduled for 7 December 2026. The distribution amount per security of AUD 1.62880000 was calculated as the total distribution rate of 6.5330% multiplied by 91 days multiplied by 100, divided by 365, as set out in the filing. The distribution is denominated in Australian dollars.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.