(Bloomberg) -- Westpac Banking Corp., Australia's
fourth largest lender, sold A$7 billion ($5.7 billion) of
mortgage-backed bonds, 20 percent more than initially offered.
Westpac, initially planning to raise A$5.1 billion, sold
A$1.25 billion of AAA rated bonds at about 13 basis points more
than the bank bill swap rate and A$120 million of AA rated bonds
at between 18-19 points more than swap.
Read more at Bloomberg Bonds News
fourth largest lender, sold A$7 billion ($5.7 billion) of
mortgage-backed bonds, 20 percent more than initially offered.
Westpac, initially planning to raise A$5.1 billion, sold
A$1.25 billion of AAA rated bonds at about 13 basis points more
than the bank bill swap rate and A$120 million of AA rated bonds
at between 18-19 points more than swap.
Read more at Bloomberg Bonds News
No comments:
Post a Comment