
Credit Union Australia Ltd (CUA), founded in 1946 and headquartered in Brisbane, Australia, serves as a member-owned financial institution aimed at providing competitive financial products and services to its members. CUA offers a range of products, including savings and transaction accounts, personal loans, home loans, credit cards, and insurance services, focusing on customer service and community support.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
CRUNAU 4.63% 2025-12-01 AUDCredit Union Australia Ltd | Australia | 2025-12-01 | 4.625 | 4.14 |
CRUNAU 5.11% 2027-02-09 AUDCredit Union Australia Ltd | Australia | 2027-02-09 | 5.106 | 4.34 |
CRUNAU 5.95% 2026-10-23 AUDCredit Union Australia Ltd | Australia | 2026-10-23 | 5.945 | 4.28 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
CUA has a history of active bond issuance, first entering the market in the early 1990s to fund its lending activities. Notably, in 2021, CUA issued a $300 million bond as part of a capital raising strategy, with attractive yields that have consistently outperformed many industry peers. This issuance not only enhanced their liquidity but also supported their continued growth in the competitive financial landscape. Recent yields have remained competitive amidst a challenging interest rate environment, reflecting CUA's sound financial management and commitment to its members.