Sydney, December 17, 2012 -- Moody's Investors Service has today assigned a definitive long-term rating of Aaa to Series 10 covered bonds issued under the US$20.0 billion covered bond programme of National Australia Bank Limited ("NAB" or the "Issuer") (Aa2/Prime-1/B-). NAB issued EUR 1 billion fixed rate Series 10 covered bonds with a 10 year 1 month hard bullet maturity.

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