Westpac discloses price talk on its domestic covered-bond return
- Tuesday, 23 May 2017
Initial price talk on the new, self-led domestic covered-bond benchmark transaction mandated by Westpac Banking Corporation (Westpac) (AA-/Aa2/AA-) on 23 May is 78 basis points over swap. The deal will have five-and-a-quarter-year duration and is being offered in either or both of fixed- and floating-rate format.
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