Covered-bond-specific demand draws Westpac back to domestic issuance
- Tuesday, 30 May 2017
Reverse enquiry spurred Westpac Banking Corporation (Westpac)’s return to the domestic covered-bond market with the first Australian dollar benchmark covered bond from a major bank this year. Westpac printed A$2 billion (US$1.49 billion) of 5.25-year covered bonds on 24 May.
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