SUNCORP GROUP LIMITED 22 May 2015
Suncorp Subordinated Notes (SUNPD) Interest Rate Announcement
Suncorp Group Limited advises that, in accordance with Condition 3.4 of the Note Conditions contained in the Subordinated Notes Prospectus (the Prospectus), the 90 day Bank Bill Swap Rate for the period 22 May 2015 to 23 August 2015 inclusive is 2.1300%.
In accordance with Condition 3.3 of the Note Conditions, the interest rate that will accrue on the face value of the Notes during this period will be 4.9800% p.a. being 2.8500% above the 90 day Bank Bill Swap Rate.
This equates to an interest amount per Note ($100 face value) of $1.2825 which will be payable on 24 August 2015.
The Record Date for determining entitlement to the interest will be 14 August 2015.
Company Secretary
1
Suncorp Group Limited - ABN 66 145 290 124 - GPO Box 1453, Brisbane QLD 4001 www.suncorpgroup.com.au
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