Westpac top stories

News dashboard

  • Lloyds debuts in Kangaroo market with holdco

    Lloyds Bank issued its first Australian dollar bond through its senior holding company on Wednesday. As the Kangaroo market shows itself receptive to loss-absorbing products, bankers expect more financial institutions to diversify down under.

    • 14 Sep 2017
  • Investors bear ‘very tight’ Westpac AT1

    Westpac was able to squeeze the pricing through fair value for its debut additional tier one (AT1) in dollars this week.

    • 14 Sep 2017
  • Lloyds debuts in Kangaroo market with holdco

    Lloyds Bank debuted its first ever Australian dollar bond through its senior holding company on Wednesday. As growing numbers of foreign lenders are drawn to the Australian currency — a consequence of the high rates relative to other markets and a buoyant economy — there is a growing incentive for international borrowers to place bonds down under.

    • 13 Sep 2017
  • Investors put cash out for harvest time in FIG

    Bank debt investors have stood ready to take on a barrage of deals in multiple currencies this week, and there is little sign that they have reached their limits.

    • 13 Sep 2017
  • Westpac targets tight levels on ‘surprise’ dollar debut in AT1

    Westpac was set to squeeze the pricing for its debut additional tier one (AT1) in US dollars on Tuesday.

    • 12 Sep 2017
  • Westpac mimics CIBC with outstanding sterling covered bond, more to follow

    Westpac this week followed Canadian Imperial Bank of Commerce in taking advantage of a glut of sterling covered bond liquidity. It issued a sizeable five year sterling covered bond which is expected to provide cheaper funding than the euro or dollar equivalent, boding well for additional supply.

    • 01 Aug 2017
  • Westpac gathers strong covered demand

    Westpac enjoyed a strong covered comeback for a two part euro offering on Thursday and, despite concerns about the performance outlook for non-eurozone bonds, the transactions were priced with barely any concession.

    • 11 May 2017
  • BSD, ICBC Sydney rustle up new notes

    Bumi Serpong Damai and ICBC Sydney jumped into the debt market on Tuesday, capitalising on the positive market sentiment following the French presidential election.

    • 10 May 2017
  • BOC bags Belt and Road blockbuster

    Bank of China hit Asia's debt market hard on Tuesday, unleashing a huge deal spanning four currencies and six tranches. The $3.1bn-equivalent deal was designed to make a statement to the market that it should not forget China’s Belt and Road initiative, DCM bankers said. Morgan Davis and Addison Gong report.

    • 12 Apr 2017
  • BOC throws open multi-currency outing

    Bank of China launched its multi-currency, multi-tranche transaction on Tuesday morning, as Citic Securities also opened books for two tranches of dollar notes.

    • 11 Apr 2017

Westpac In The Key League Tables

Asset Rank STLY Amount $m No of issues Share % STLY Share %
  • Last updated
  • Today
Bookrunners of Global Structured Finance 22 44 5,079.99 25 0.78% 0.28%
Bookrunners of Global Covered Bonds 24 43 2,424.76 4 1.58% 0.41%
Australia DCM 1 5 18,688.76 64 12.91% 8.58%

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 318,645.99 1207 8.88%
2 JPMorgan 291,870.93 1330 8.14%
3 Bank of America Merrill Lynch 285,392.08 993 7.95%
4 Goldman Sachs 218,480.36 718 6.09%
5 Barclays 210,235.01 814 5.86%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 33,092.37 151 6.77%
2 Deutsche Bank 33,007.84 106 6.75%
3 Bank of America Merrill Lynch 29,018.73 86 5.94%
4 BNP Paribas 25,718.39 146 5.26%
5 Credit Agricole CIB 22,722.30 133 4.65%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 18,707.17 72 9.33%
2 Morgan Stanley 15,215.44 76 7.59%
3 UBS 14,195.29 55 7.08%
4 Citi 14,014.57 86 6.99%
5 Goldman Sachs 12,113.98 67 6.04%