Bond WestPac Bank 1.55% ( XS2054471995 ) in USD
Issuer | WestPac Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 1.55% per year ( payment 2 times a year) |
Maturity | 27/09/2024 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 53 400 000 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. An examination of the recently matured bond, ISIN XS2054471995, reveals a debt instrument issued by Westpac Banking, a major Australian financial institution and one of the country's "big four" banks. Originating from Australia and denominated in USD, this obligation featured a coupon rate of 1.55% with interest payments made semi-annually, for a total issuance size of $53,400,000 and a minimum purchase denomination of $1,000. Having reached its scheduled maturity date of September 27, 2024, and trading at 100% of its par value prior to expiration, this bond has now been fully repaid to its holders. |