Monthly Covered Bond Report Date: 30/06/2016 Determination Date: 1/07/2016 Distribution Date: 12/07/2016 Parties Issuer Macquarie Bank Limited Servicer Macquarie Securitisation Limited Covered Bond Guarantor Perpetual Limited Interest Rate Swap Provider Macquarie Bank Limited Security Trustee P.T. Limited Trust Manager Macquarie Securitisation Limited Bond Trustee DB Trustees (Hong Kong) Limited Ratings Overview Moody's Fitch MBL Short Term Senior P-1 Stable F1 MBL Long Term Senior A2 Stable A Covered Bond Rating Aaa AAA Stable Stable Compliance Tests Asset Coverage Test Legislated Asset Test Issuer Event of Default Covered Bond Guarantor Event of Default Interest Rate Shortfall Test Pre-Maturity Test Pass Pass No No Pass N/A Asset Coverage Test as at 1/07/2016 Calculation of Adjusted Aggregate Mortgage Loan Amount A The lower of: (i) LVR Adjusted Mortgage Loan Balance Amount, and (ii) Asset Percentage Adjusted Mortgage Loan Balance Amount. $1,735,009,792 $1,526,146,275 $1,526,146,275 B C D E Aggregate amount of any proceeds of any Term Advances and/or any Demand Loan Advances which have not been applied as at the Determination Date. Aggregate principal balance of any Substitution Assets and Authorised Investments as at the relevant Determination Date. Aggregate amount of Principal Collections collected by the Servicer during the preceding Collection Period excluding any amounts applied in accordance with the Priority of Payments. The sum Sale Proceeds credited to the GIC Account, remaining Available Principal held in the GIC Account, as at the Determination Date. Z Negative Carry Factor Y Amount equal to the fnancial loss incurred by the Covered Bond Guarantor due to the Seller materially breaching any warranty under the Mortgage Sale Agreement and/or the Servicer materially breaching any term of the Servicing Deed. Adjusted Aggregate Mortgage Loan Amount (A+B+C+D+E)-Z-Y $1,526,146,275 Results of Asset Coverage Test Adjusted Aggregate Mortgage Loan Amount $1,526,146,275 AUD Equivalent of the Aggregate Principal Amount Outstanding of the Covered Bonds $775,572,750 Asset Coverage Test is satisfied Asset Percentage 87.00% Current Overcollateralisation Percentage 126.23% Yes 1 of 8
Bond Issuance Summary as at 01 July 2016 Bonds Issue Date Principal Balance AUD Equiv of Principal Balance Exchange Rate Coupon Rate MBLCOV03MAR21 3-Mar-2016 EUR 500,000,000 $775,572,750 1.5511 0.375% Total $775,572,750 Bonds ISIN Note Type Final Maturity Date MBLCOV03MAR21 XS1371532547 Soft Bullet 3-Mar-2021 Covered Bond Swap Providers Bonds Swap Provider National Australia Bank Limited ING Bank N.V. Notional Principal EUR250,000,000 EUR250,000,000 2 of 8
Pool Summary Portfolio Cut off Date Current Principal Balance (AUD) Total Total 30/06/2016 $1,754,599,866 Average Loan Size $513,792 Maximum Housing Loan Balance $1,986,665 Weighted Average Loan Interest Rate 4.50% Weighted Average Current Loan to Value Ratio (LVR) 70.22% Weighted Average Indexed Loan to Value Ratio (LVR) 64.42% Weighted Average Seasoning (Months) 25 Weighted Average Remaining Term (Months) 335 Reserve Balance $8,422,246 Prepayment Information 1 Month 3 Month Prepayment History (CPR) 21.79% 20.71% 19.32% 3,415 5,644 12 Month Cumulative 19.32% Mortgage Pool By Current Loan To Value Ratio (LVR) (%) up to and including 50% 645 18.89% $207,284,328.96 11.81% >50% up to and including 55% 146 4.28% $84,558,187.05 4.82% >55% up to and including 60% 156 4.57% $106,793,824.70 6.09% >60% up to and including 65% 212 6.21% $144,608,402.60 8.24% >65% up to and including 70% 225 6.59% $158,439,249.96 9.03% >70% up to and including 75% 320 9.37% $218,074,576.19 12.43% >75% up to and including 80% 689 20.18% $427,103,126.74 24.34% >80% up to and including 85% 122 3.57% $53,879,791.45 3.07% >85% up to and including 90% 576 16.87% $227,536,206.78 12.97% >90% up to and including 95% 324 9.49% $126,322,171.54 7.20% >95% up to and including 100% 0 0.00% 0.00% >100% 0 0.00% 0.00% 3 of 8
Mortgage Pool By Current Indexed Loan To Value Ratio (LVR) (%) up to and including 50% 834 24.42% $311,056,903.68 17.73% >50% up to and including 55% 200 5.86% $137,837,898.90 7.86% >55% up to and including 60% 234 6.85% $157,718,506.65 8.99% >60% up to and including 65% 271 7.94% $171,075,383.07 9.75% >65% up to and including 70% 340 9.96% $219,809,838.17 12.53% >70% up to and including 75% 422 12.36% $241,441,190.33 13.76% >75% up to and including 80% 424 12.42% $222,451,941.14 12.68% >80% up to and including 85% 366 10.72% $164,303,670.51 9.36% >85% up to and including 90% 218 6.38% $83,108,986.57 4.74% >90% up to and including 95% 90 2.64% $39,157,103.12 2.23% >95% up to and including 100% 16 0.47% $6,638,443.83 0.38% >100% 0 0.00% 0.00% Mortgage Pool By Interest Rate (%) up to and including 4.0% 102 1.81% $52,482,386.05 2.99% >4.0% up to and including 4.5% 2,652 46.99% $915,561,338.78 52.18% >4.5% up to and including 5.0% 2,496 44.22% $708,675,405.59 40.39% >5.0% up to and including 5.5% 315 5.58% $61,294,117.00 3.49% >5.5% up to and including 6.0% 78 1.38% $16,260,962.32 0.93% >6.0% up to and including 6.5% 0 0.00% 0.00% >6.5% up to and including 7.0% 0 0.00% 0.00% >7.0% up to and including 7.5% 1 0.02% $325,656.23 0.02% >7.5% up to and including 8.0% 0 0.00% 0.00% >8.0% up to and including 8.5% 0 0.00% 0.00% >8.5% up to and including 9.0% 0 0.00% 0.00% >9.0% up to and including 9.5% 0 0.00% 0.00% >9.5% up to and including 10.0% 0 0.00% 0.00% >10% 0 0.00% 0.00% Total 5,644 100.00% $1,754,599,865.97 100.00% Mortgage Pool By Interest Option (%) 1 Year Fixed 37 0.66% $12,232,771.34 0.70% 2 Year Fixed 252 4.46% $88,584,901.64 5.05% 3 Year Fixed 378 6.70% $138,411,136.90 7.89% 4 Year Fixed 8 0.14% $3,816,090.13 0.22% 5 Year Fixed 130 2.30% $44,699,990.93 2.55% 6+ Years Fixed 0 0.00% 0.00% Total Fixed Rate 805 14.26% $287,744,890.94 16.40% Total Variable Rate 4,839 85.74% $1,466,854,975.03 83.60% Total 5,644 100.00% $1,754,599,865.97 100.00% 4 of 8
Mortgage Pool By Loan Type (%) P&I 2,911 51.58% $942,365,545.05 53.71% Interest Only 2,733 48.42% $812,234,320.92 46.29% Total 5,644 100.00% $1,754,599,865.97 100.00% Mortgage Pool By Remaining Interest Only Period (%) up to and including 1 year 153 5.60% $35,884,064.88 4.42% >1 up to and including 2 years 208 7.61% $57,314,720.33 7.06% >2 up to and including 3 years 726 26.56% $232,696,452.27 28.65% >3 up to and including 4 years 1,241 45.41% $374,446,972.39 46.10% >4 up to and including 5 years 349 12.77% $104,113,460.36 12.82% >5 up to and including 6 years 1 0.04% $304,022.50 0.04% >6 up to and including 7 years 0 0.00% 0.00% >7 up to and including 8 years 0 0.00% 0.00% >8 up to and including 9 years 7 0.26% $1,017,155.33 0.13% >9 years 48 1.76% $6,457,472.86 0.80% Total 2,733 100.00% $812,234,320.92 100.00% Mortgage Pool by Remaining Term on Fixed Rate Period (%) >0 up to and including 3 months 115 14.29% $42,197,218.40 14.66% >3 up to and including 6 months 95 11.80% $32,545,466.79 11.31% >6 up to and including 9 months 64 7.95% $24,340,783.59 8.46% >9 up to and including 12 months 31 3.85% $9,878,998.31 3.43% >12 up to and including 15 months 50 6.21% $18,494,098.02 6.43% >15 up to and including 18 months 53 6.58% $18,152,237.40 6.31% >18 up to and including 21 months 77 9.57% $27,918,295.89 9.70% >21 up to and including 24 months 98 12.17% $33,046,530.13 11.48% >24 up to and including 27 months 57 7.08% $22,989,115.43 7.99% >27 up to and including 30 months 27 3.35% $9,570,717.82 3.33% >30 up to and including 33 months 19 2.36% $4,971,773.87 1.73% >33 up to and including 36 months 12 1.49% $3,933,873.99 1.37% >36 up to and including 48 months 80 9.94% $29,566,351.96 10.28% >48 up to and including 60 months 27 3.35% $10,139,429.34 3.52% >60 months 0 0.00% 0.00% Total 805 100.00% $287,744,890.94 100.00% 5 of 8
Mortgage Pool By Size (Consolidated) (%) up to and including $100,000 180 5.27% $5,198,032.88 0.30% >$100,000 up to and including $200,000 214 6.27% $33,195,350.02 1.89% >$200,000 up to and including $300,000 562 16.46% $143,437,716.50 8.17% >$300,000 up to and including $400,000 700 20.50% $244,761,720.84 13.95% >$400,000 up to and including $500,000 499 14.61% $222,228,518.35 12.67% >$500,000 up to and including $600,000 307 8.99% $167,826,442.01 9.56% >$600,000 up to and including $700,000 173 5.07% $111,872,385.24 6.38% >$700,000 up to and including $800,000 140 4.10% $104,697,779.73 5.97% >$800,000 up to and including $900,000 115 3.37% $97,430,117.67 5.55% >$900,000 up to and including $1m 120 3.51% $114,804,511.71 6.54% >$1m up to and including $1.25m 249 7.29% $276,630,115.53 15.77% >$1.25m up to and including $1.50m 87 2.55% $118,160,777.02 6.73% >$1.50m up to and including $1.75m 51 1.49% $81,191,273.31 4.63% >$1.75m up to and including $2m 18 0.53% $33,165,125.16 1.89% >$2m 0 0.00% 0.00% Mortgage Pool By Loan Seasoning (%) >0 up to and including 3 months 0 0.00% 0.00% >3 up to and including 6 months 0 0.00% 0.00% >6 up to and including 9 months 66 1.93% $35,638,325.62 2.03% >9 up to and including 12 months 423 12.39% $256,872,997.71 14.64% >12 up to and including 15 months 458 13.41% $249,872,633.86 14.24% >15 up to and including 18 months 377 11.04% $197,000,623.03 11.23% >18 up to and including 21 months 302 8.84% $163,094,864.21 9.30% >21 up to and including 24 months 348 10.19% $181,019,370.13 10.32% >24 up to and including 27 months 297 8.70% $157,002,158.77 8.95% >27 up to and including 30 months 199 5.83% $106,120,160.34 6.05% >30 up to and including 33 months 187 5.48% $104,726,071.55 5.97% >33 up to and including 36 months 145 4.25% $85,221,012.45 4.86% >36 up to and including 48 months 256 7.50% $114,902,897.25 6.55% >48 up to and including 60 months 85 2.49% $33,229,060.60 1.89% >60 up to and including 72 months 14 0.41% $5,372,193.01 0.31% >72 up to and including 84 months 1 0.03% $474,367.54 0.03% >84 up to and including 96 months 3 0.09% $701,648.96 0.04% >96 up to and including 108 months 36 1.05% $12,531,409.35 0.71% >108 up to and including 120 months 75 2.20% $22,469,862.40 1.28% >120 months 143 4.19% $28,350,209.19 1.62% 6 of 8
Mortgage Pool by Remaining Tenor (%) up to and including 1 year 0 0.00% 0.00% >1 up to and including 2 years 0 0.00% 0.00% >2 up to and including 3 years 0 0.00% 0.00% >3 up to and including 4 years 0 0.00% 0.00% >4 up to and including 5 years 0 0.00% 0.00% >5 up to and including 6 years 0 0.00% 0.00% >6 up to and including 7 years 0 0.00% 0.00% >7 up to and including 8 years 0 0.00% 0.00% >8 up to and including 9 years 0 0.00% 0.00% >9 up to and including 10 years 0 0.00% 0.00% >10 up to and including 15 years 0 0.00% 0.00% >15 up to and including 20 years 131 3.84% $25,750,692.63 1.47% >20 up to and including 25 years 139 4.07% $43,671,546.57 2.49% >25 up to and including 30 years 3,145 92.09% $1,685,177,626.77 96.04% Mortgage Pool By Geographic Distribution (%) NSW 1,370 40.12% $829,256,711.62 47.26% ACT 75 2.20% $35,936,832.53 2.05% VIC 742 21.73% $349,495,255.71 19.92% TAS 20 0.59% $5,763,220.73 0.33% QLD 693 20.29% $275,361,478.74 15.69% SA 132 3.87% $54,314,819.30 3.10% WA 365 10.69% $193,662,758.03 11.04% NT 18 0.53% $10,808,789.31 0.62% Mortgage Pool By Loan Purpose (%) Purchase 1,372 40.18% $677,144,092.29 38.59% Refinance 1,934 56.63% $1,027,911,082.75 58.58% Other 109 3.19% $49,544,690.93 2.82% Mortgage Pool by Documentation Type (%) Full Doc 3,415 100.00% $1,754,599,865.97 100.00% Low Doc 0 0.00% 0.00% No Doc 0 0.00% 0.00% 7 of 8
Mortgage Pool by Occupancy Status (%) Owner Occupied 2,291 67.09% $1,216,620,884.68 69.34% Investment 1,124 32.91% $537,978,981.29 30.66% Other 0 0.00% 0.00% Mortgage Pool by Mortgage Insurer (%) Genworth (Primary) 2,952 86.44% $1,565,204,951.49 89.21% QBE LMI (Primary) 84 2.46% $22,051,931.60 1.26% Genworth Indemnity 0 0.00% 0.00% Commonwealth of Australia 0 0.00% 0.00% No primary Mortgage Insurer 379 11.10% $167,342,982.88 9.54% Other 0 0.00% 0.00% Mortgage Pool by Delinquencies (%) 0 month 3,362 98.45% $1,724,260,770.42 98.27% >0 up to and including 1 month 32 0.94% $19,873,725.94 1.13% >1 up to and including 2 months 12 0.35% $5,561,799.49 0.32% >2 up to and including 3 months 8 0.23% $4,494,825.31 0.26% >3 up to and including 6 months 1 0.03% $408,744.81 0.02% >6 months 0 0.00% 0.00% Contacts Trust Manager MACQUARIE SECURITISATION LIMITED ABN 16 003 297 336 1 Shelley Street Sydney NSW 2000, Australia Issuer MACQUARIE BANK LIMITED ABN 46 008 583 542 Level 1, 1 Martin Place Sydney NSW 2000, Australia Contacts Angus Cameron Head of Funding Group Treasury, Macquarie Group Limited +612 8232 9992 angus.cameron@macquarie.com 8 of 8