Westpac covered bond retained real money demand, leads reveal
- Friday, 27 January 2012
Westpac Banking Corporation (Westpac)'s inaugural A$3.1 billion (US$3.3 billion) domestic covered bond transaction was another well-received deal, its issuer and lead managers say. Following on from the success of Australia's first domestic covered bond, the deal points to a continued trend of domestic real money participation in the sector.
