Bond WestPac Bank 0% ( XS1917920339 ) in GBP
Issuer | WestPac Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 04/12/2019 - 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 | 100 000 GBP |
Total amount | 200 000 000 GBP |
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. This financial article provides a retrospective on a specific bond, identified by ISIN XS1917920339, which has successfully reached its maturity and been fully repaid. The issuer, Westpac Banking, is a prominent Australian multinational banking and financial services company, headquartered in Sydney and established in 1817, recognized as one of Australia's "big four" banks, offering a comprehensive suite of financial services. Issued from Australia, this bond, denominated in Great British Pounds (GBP), carried a 0% interest rate, implying it was structured as a zero-coupon instrument or similar, where the principal value was to be returned at maturity. The total size of this issuance was GBP 200,000,000, with a minimum purchase amount of GBP 100,000. The bond's maturity date was December 4, 2019, and its successful repayment at 100% of its face value confirms the completion of its investment lifecycle, with all principal duly returned to investors. |