Inhoudsopgave Voorwoord Bestuursverslag Corporate governance Consolidated Financial Statements Company Financial Statements Pillar 3
Capital instruments main features template
Coupon/ dividends
17 Fixed or floating dividend/ Fixed to floating
coupon
18 Coupon rate and any 5.556% (fixed)
related index
19 Existence of a dividend No
stopper
20a Fully discretionary, Partially discretionary:
partially discretionary or Required (partial or full)
mandatory (in terms of unless not permitted
timing) to the extent that NL
banking regulations
prohibits. Dividend
pusher if distributions
are being made on
junior or other Tier 1
instruments (partial
or full)
20b Fully discretionary,
partially discretionary or
mandatory (in terms of
amount)
21 Existence of step up or
other incentive to redeem
22 Non-cumulative or
cumulative
23 Convertible or non-
convertible
24 If convertible, conversion
trigger(s)
25 If convertible, fully or
partially
26 If convertible, conversion
rate
27 If convertible, mandatory
or optional conversion
28 If convertible, specify
instrument type
convertible into
29 If convertible, specify
issuer of instrument it
converts into
30 Write-down features
31 If write-down, write-down
triggers(s)
Partially discretionary
Yes
Non-cumulative
Non-convertible
Floating
1 yr NZD swaprate
76 bps
No
Partially discretionary:
Required if the issuer
makes payments
on junior/pari passu
securities or redeems,
repurchases or
otherwise acquires
junior securities in the
12 months preceding
the relevant Interest
Payment Date, unless it
is prohibited.
Interest is prohibited if
the relevant Solvency
Rules prohibit payments
on junior or pari passu
securities. All other
interest is payable at
the Issuer's discretion,
but subject to dividend
pusher (for junior and
pari passu instruments).
Partially discretionary
No
Non-cumulative
Non-convertible
Fixed to floating
6,567
No
Partially discretionary:
Required if the issuer
makes payments
on junior/pari passu
securities or redeems,
repurchases or
otherwise acquires
junior securities in the
12 months preceding
the relevant Interest
Payment Date, unless it
is prohibited.
Interest is prohibited if
the relevant Solvency
Rules prohibit payments
on junior or pari passu
securities. All other
interest is payable at
the Issuer's discretion,
but subject to dividend
pusher (for junior and
pari passu instruments).
Partially discretionary
No
Non-cumulative
Non-convertible
Fixed to floating
5.50
No
Partially discretionary:
Required if the issuer
makes payments
on junior/pari passu
securities or redeems,
repurchases or
otherwise acquires
junior securities in the
12 months preceding
the relevant Interest
Payment Date, unless it
is prohibited.
Interest is prohibited if
the relevant Solvency
Rules prohibit payments
on junior or pari passu
securities. All other
interest is payable at
the Issuer's discretion,
but subject to dividend
pusher (for junior and
pari passu instruments).
Partially discretionary
Yes
Non-cumulative
Non-convertible
Fixed
4.15
No
Partially discretionary:
Required if the issuer
makes payments
on junior/pari passu
securities or redeems,
repurchases or
otherwise acquires
junior securities in the
12 months preceding
the relevant Interest
Payment Date, unless it
is prohibited.
Interest is prohibited if
the relevant Solvency
Rules prohibit payments
on junior or pari passu
securities. All other
interest is payable at
the Issuer's discretion,
but subject to dividend
pusher (for junior and
pari passu instruments).
Partially discretionary
Yes
Non-cumulative
Non-convertible
No
No
No
No
No
35
36
37
If write-down, full or
partial
If write-down, permanent
or temporary
If temporary write-down,
description of write-up
mechanism
i Position in subordinated
hierarchy in liquidation
(specify instrument type
immediately senior to
instrument)
Subordinated to Tier 2
instruments
Subordinated to Tier 2
instruments
Subordinated to Tier 2
instruments
Subordinated to Tier 2
instruments
Subordinated to Tier 2
instruments
Non-compliant
transitioned features
Yes
Yes
Yes
Yes
Yes
7 If yes, specify non-
compliant features
No fully discretionary
coupons
No fully discretionary
coupons
No fully discretionary
coupons
No fully discretionary
coupons
No fully discretionary
coupons
378 Rabobank Jaarverslag 2016