Westpac and ANZ join CBA and NAB in covered race
Westpac and ANZ have joined Commonwealth Bank of Australia and National Bank of Australia in the race to bring Australia’s first covered bond, following enactment of a new law. But whether they will all issue in euros seems doubtful. Westpac, for example, is believed to be leaning more towards US dollars for its first deal.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts