Bond WestPac Bank 4% ( AU3CB0232841 ) in AUD

Issuer	WestPac Bank
Market price	100 % ⇌
Country	Australia
ISIN code	AU3CB0232841 ( in AUD )
Interest rate	4% per year ( payment 1 time a year)
Maturity	17/09/2025
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Minimal amount	1 000 AUD
Total amount	30 000 000 AUD
Next Coupon	17/09/2025 ( In 46 days )
Detailed description	Westpac Banking Corporation is Australia's second-largest bank by assets, offering a diverse range of financial services including personal and business banking, wealth management, and institutional banking across Australia, New Zealand, and the Pacific Islands. Westpac Banking Corporation, a cornerstone of Australia's financial sector and one of the nation's "Big Four" banks, has launched a new AUD-denominated bond identifiable by ISIN AU3CB0232841. As a diversified financial services provider with extensive operations across retail, business, and institutional banking in Australia and New Zealand, Westpac's bond issuances are significant market events, typically reflecting the bank's strong credit standing and the stability of the Australian financial market. This particular bond, issued from Australia, is currently valued at 100% of its face value on the market, indicating it is trading at par. It offers an annual interest rate of 4% and features a yearly payment frequency, ensuring consistent returns for investors. The total volume of this bond issuance is set at AUD 30,000,000, with a minimum investment threshold of AUD 1,000 per purchase, making it accessible to a range of investors. The maturity date for this instrument is September 17, 2025, when the principal amount will be repaid to bondholders.