Westpac New Zealand Ltd. is a prominent financial institution founded in 1861 and operates as a subsidiary of Westpac Banking Corporation, which is headquartered in Sydney, Australia. The company's primary purpose is to provide a comprehensive range of banking services to personal, business, and institutional clients throughout New Zealand. Key offerings include retail and commercial banking, wealth management, and insurance services tailored to meet the diverse needs of its customer base.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WSTP 1.44% 2026-02-24 NZDWestpac New Zealand Ltd. | New Zealand | 2026-02-24 | 1.439 | 0.00 |
| WSTP 3.70% 2027-02-16 NZDWestpac New Zealand Ltd. | New Zealand | 2027-02-16 | 3.696 | 2.91 |
| WSTP 4.90% 2028-02-15 USDWestpac New Zealand Ltd. | New Zealand | 2028-02-15 | 4.902 | 3.86 |
| WSTP 4.90% 2028-02-15 USDWestpac New Zealand Ltd. | New Zealand | 2028-02-15 | 4.902 | 3.81 |
| WSTP 5.13% 2027-02-26 USDWestpac New Zealand Ltd. | New Zealand | 2027-02-26 | 5.132 | 3.85 |
| WSTP 5.13% 2027-02-26 USDWestpac New Zealand Ltd. | New Zealand | 2027-02-26 | 5.132 | 3.85 |
| WSTP 5.20% 2029-02-28 USDWestpac New Zealand Ltd. | New Zealand | 2029-02-28 | 5.195 | 3.89 |
| WSTP 5.20% 2029-02-28 USDWestpac New Zealand Ltd. | New Zealand | 2029-02-28 | 5.195 | 3.99 |
| WSTP 6.19% 2032-09-16 NZDWestpac New Zealand Ltd. | New Zealand | 2032-09-16 | 6.190 | 5.65 |
| WSTP 6.37% 2026-07-06 NZDWestpac New Zealand Ltd. | New Zealand | 2026-07-06 | 6.370 | 2.79 |
| WSTP 6.73% 2034-02-14 NZDWestpac New Zealand Ltd. | New Zealand | 2034-02-14 | 6.730 | 5.79 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Westpac New Zealand has been active in the bond market since the late 1990s, providing a significant avenue for funding its operations. Notably, the bank issued a NZD 500 million bond in 2021, reflecting strong investor demand and contributing to its funding strategy amidst fluctuating market conditions. Currently, Westpac's bond yields have shown competitive performance compared to industry averages, particularly in the context of variable interest rate scenarios. Recent news highlights a focus on sustainable finance, with plans to issue green bonds aimed at supporting environmentally friendly projects within the region.