Bond WestPac Corp 2.65% ( XS1863324403 ) in NZD

Issuer	WestPac Corp
Market price	100 % ⇌
Country	Australia
ISIN code	XS1863324403 ( in NZD )
Interest rate	2.65% per year ( payment 2 times a year)
Maturity	16/08/2022 - Bond has expired
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Minimal amount	10 000 NZD
Total amount	57 400 000 NZD
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. Westpac Banking Corporation, a major Australian financial institution and one of the nation's 'Big Four' banks, was the issuer of a specific fixed-income instrument identified by ISIN XS1863324403, which has since matured and been fully redeemed. This bond, issued from Australia and denominated in New Zealand Dollars (NZD), carried an annual interest rate of 2.65%, with coupon payments made semi-annually. The total issue size amounted to NZD 57,400,000, with a minimum purchase denomination of NZD 10,000. Having reached its maturity on August 16, 2022, the bond was redeemed at 100% of its face value, signaling its successful principal repayment to investors.