Bond WestPac Bank 3.625% ( XS0821836714 ) in USD
Issuer | WestPac Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 3.625% per year ( payment 2 times a year) |
Maturity | 28/02/2023 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 200 000 USD |
Total amount | 800 000 000 USD |
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. A review of a recently matured debt instrument issued by Westpac Banking, ISIN XS0821836714, highlights the successful completion of its lifecycle. Westpac Banking, a major Australian financial institution with a significant global presence, served as the issuer for this USD-denominated bond. The obligation, which originated from Australia, carried a total issuance size of $800,000,000 and featured a fixed annual interest rate of 3.625%, with coupon payments distributed semi-annually. For investors, the minimum purchase size was established at $200,000. This particular security reached its scheduled maturity date on February 28, 2023, at which point it was fully repaid to investors at its par value of 100%, signaling its complete redemption. |