These are the details of the selected bond:
- Issuer: Westpac Banking Corporation
- Covered bond rating(s) at launch: Aaa (Moody's) AAA (Fitch)
- Amount: EUR1,500m
- Maturity date: 14 May 2030
- Re-offer price: 100.000
- Coupon: 2.585%
- Swap spread: 43bp
- Pricing date: 7 May 2025
- Bookrunners: Barclays, BNP Paribas, Natixis, UBS, Westpac
- Country: Australia
- ISIN: XS3067881832
- Collateral type: Mortgage
- The CBR bond ID: 3111
- Green, social, sustainability description: unlabelled