Westpac Securities NZ Ltd, founded in New Zealand, operates as a subsidiary of Westpac Banking Corporation, headquartered in Australia, focusing on providing a range of financial services to retail investors. The company specializes in fixed-income investments, particularly offering a diverse selection of bond products that cater to various investor needs.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WSTPNZ 3.75% 2028-04-20 EURWestpac Securities NZ Ltd | Australia | 2028-04-20 | 3.750 | 2.43 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Westpac Securities has a notable history in bond issuances, beginning in the early 2000s with its inaugural bond offering which was well-received in the market. The firm has made significant issuances over the years, including a landmark green bond in 2021, aimed at funding sustainable projects, which demonstrated strong demand and competitive yields. Currently, their bonds generally yield above the industry average, reflecting the company's solid reputation and strategic approach, while features such as callable options add flexibility for investors looking for tailor-made investment choices.