Bond Westpac Banking 5% ( XS1787296166 ) in AUD

Issuer Westpac Banking
Market price refresh price now   100.00 %  ⇌ 
Country  Australia
ISIN code  XS1787296166 ( in AUD )
Interest rate 5% per year ( payment 1 time a year)
Maturity 02/03/2048



Prospectus brochure in PDF format

Minimal amount 200 000 AUD
Total amount 130 000 000 AUD
Next Coupon 02/03/2027 ( In 188 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.

An Australian-issued debt instrument, identified by ISIN XS1787296166, is presently trading at par value, priced at 100% in the market. The issuer, Westpac Banking, is one of Australia's largest and oldest financial institutions, established in 1817, and forms part of the nation's 'big four' banks, offering a comprehensive suite of banking and financial services across consumer, business, and institutional segments throughout Australia and the Asia-Pacific region. This bond, denominated in Australian Dollars (AUD), features a coupon rate of 5% with annual interest payments, providing a steady income stream for investors. With a substantial total issue size of AUD 130,000,000, the instrument is structured with a long-term horizon, maturing on March 2, 2048. Access to this offering is set with a minimum purchase denomination of AUD 200,000, targeting investors interested in a significant commitment to this long-dated, Australian-backed fixed-income opportunity.
DateClean price
07/08/2024100.00%
08/07/2024100.00%
03/09/2023100.00%