Bond WestPac Corp 5% ( XS0735794819 ) in NOK

Issuer WestPac Corp
Market price 100 %  ⇌ 
Country  Australia
ISIN code  XS0735794819 ( in NOK )
Interest rate 5% per year ( payment 1 time a year)
Maturity 07/02/2022 - Bond has expired



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Minimal amount 10 000 NOK
Total amount 1 000 000 000 NOK
Detailed description Westpac Banking Corp is one of Australia's "Big Four" banks, offering a wide range of financial products and services to personal and business customers domestically and internationally.

A financial review of the now-matured bond, identified by ISIN XS0735794819, reveals its issuance by Westpac Banking Corporation, a prominent Australian financial institution, from its country of origin, Australia. This fixed-income instrument, denominated in Norwegian Krone (NOK), featured an annual interest rate of 5% and represented a total issuance size of NOK 1,000,000,000, with a minimum purchase increment set at NOK 10,000. The bond, which matured on February 7, 2022, was repaid at 100% of its par value, consistent with its current market price at the time of maturity, confirming its full redemption upon reaching its designated maturity date.