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WESTPAC NZL 22/27 MTN

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Overview
Analysis

Key terms


Outstanding amount
‪800.00 M‬NZD
Face value
1.00NZD
Minimum denomination
5,000.00NZD
Coupon
3.70% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
4.67%
Maturity date
Feb 16, 2027
Term to maturity
2 years

About WESTPAC NZL 22/27 MTN


Issuer
Westpac New Zealand Ltd.
Sector
Finance
Industry
Regional Banks
Home page
Issue date
Feb 16, 2022
ISIN
NZWNZD0227L7
FIGI
BBG0156MC4J0
We’ve been helping New Zealanders find the right financial solutions to suit their lives since 1861. We first opened back then as The Bank of New South Wales, and then changed our name to Westpac in 1982. Along the way we’ve grown stronger by joining forces with the Commercial Bank of Australia and Trust Bank – to become Westpac New Zealand Limited. We bank all sorts of people and businesses – from young children, to first home-owners through to big corporates and the New Zealand Government. Nearly a quarter of all Kiwis bank with Westpac, so we’ve got great experience and knowledge to draw on when it comes to helping people with their very first bank account, all the way through to their retirement. With more than 200 branches, and nearly 500 ATMs, we’re one of New Zealand’s largest banks. We provide a full range of banking and financial services for personal, business and agribusiness banking. A copy of our House Rules can be found here: bit.ly/1p0SuxH
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