Westpac New Zealand (Westpac NZ) priced the local market’s largest-ever senior financial institution (FI) deal on 24 July. The issuer tells KangaNews undersupply in the market created the volume opportunity despite deposit rates remaining elevated.
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KangaNews is the trading name of BondNews Limited, a company registered in the UK and Australia. With our head office in Sydney and a satellite office in Europe, we are positioned to provide a one-stop information service on the Australasian fixed-income markets.
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