Westpac NZ could take covered bonds down under
In brief: Westpac New Zealand is reported to be working on a covered bond programme, something that its Australian parent cannot do given the Australian Prudential Regulatory Authority’s opposition to use of the funding instrument.
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