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WESTPAC NZL 22/27 MTN

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NZWNZD0227L analysis



Key facts


Issuer
Westpac New Zealand Ltd.
Issue date
Feb 16, 2022
Maturity date
Feb 16, 2027
Outstanding amount
‪800.00 M‬NZD
Face value
1.00NZD
Minimum denomination
5,000.00NZD
Coupon
3.70% (Fixed)
Yield to maturity
22.05%
Westpac New Zealand Ltd. engages in the provision of consumer and business banking. It provides personal, business, agribusiness and institutional services which include bank accounts, home loans, credit cards, personal loans, insurance, investments and kiwi saver, international and migrant, payment solutions, business insurance, economic updates, farm finance and credit cards, agri information, transactional services and debt capital markets. The company was founded in 1861 and is headquartered in Auckland, New Zealand.
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