The final days of February were awash with benchmark transactions from financial institutions in the Australian market, the largest of which was Westpac Banking Corporation's A$2.6 billion (US$2 billion) dual-tranche, five-year deal. Meanwhile in New Zealand,  European Investment Bank priced a NZ$200 million (US$145.5 million) five-year Kauri transaction and Transpower New Zealand printed a NZ$125 million seven-year deal.