These are the details of the selected bond:
- Issuer: Westpac Banking Corporation
- Covered bond rating(s) at launch: Aaa (Moody's) AAA (Fitch)
- Amount: EUR1,000m
- Maturity date: 26 November 2032
- Re-offer price: 100.000
- Coupon: 2.912%
- Swap spread: 36bp
- Government spread: 44.1bp
- Pricing date: 19 November 2025
- Settlement date: 26 November 2025
- Bookrunners: Credit Agricole, Deutsche, HSBC, Natixis, UBS, Westpac
- Country: Australia
- ISIN: XS3238272903
- Collateral type: Mortgage
- The CBR bond ID: 3254
- Green, social, sustainability description: unlabelled
