Westpac top stories

News dashboard

  • Banks must pay attention to Kiwi climate disclosures

    New Zealand will be an important test case for mandatory reporting on climate risks. Financial firms everywhere would be wise to sit up and take notice.

    • 05.00 PM
  • Kiwi climate change reporting law passes first reading

    New Zealand could become the first country to make climate reporting obligatory for financial firms, after lawmakers passed an amendment on Thursday requiring them to disclose climate change risks.

    • 15 Apr 2021
  • Preferred paper preferred on BPCE Kangaroo

    Demand for BPCE's latest Kangaroo note was skewed towards the preferred senior format this week, with non-preferred paper only making up A$125m ($96.0m) of the A$750m deal. The French firm was also joined in the market by Rabobank, which sold its first Aussie deal after an almost two year absence.

    • 14 Apr 2021
  • BPCE and Rabo to hit busy Aussie dollar mart

    BPCE and Rabobank are in the market for Aussie dollar senior paper, with bankers expecting a busy April as a slew of financial issuers refinance maturing bonds.

    • 12 Apr 2021
  • BMO issues women in business bond

    The Bank of Montreal marked International Women’s Day with a Canadian dollar women in business bond this week — its first domestic issue off its sustainability framework.

    • 10 Mar 2021
  • AusNet Services and Enel find ample demand for hybrids

    AusNet Services, the Australian power networks company, and Italian power company Enel earned rapturous responses from investors for euro hybrid capital bond issues this week, even though the trades followed a sell-off in riskier assets.

    • 04 Mar 2021
  • AusNet rarity secures almost eight times euro demand

    AusNet Services, the Australian power networks company, got a rapturous response from investors for its rare euro hybrid capital bond issue on Tuesday, as they are eager to buy subordinated debt, even though riskier assets sold off last week.

    • 02 Mar 2021
  • Rare borrowers come to euros as AusNet plans hybrid

    AusNet Services Holdings, the Australian energy company, was one of a handful of high grade corporate euro mandates announced on Monday morning, as syndicate bankers said that the volatility in the rates market means issuers will need to accept paying wider spreads.

    • 01 Mar 2021
  • Handelsbanken Kangaroo lands at decade tight spread

    Svenska Handelsbanken returned to the Kangaroo market this week to print a five year preferred senior deal at a decade tight level, as the long-term absence of funding from the Aussie market's major domestic banks drives down senior spreads.

    • 25 Feb 2021
  • Handelsbanken set for Aussie return

    Handelsbanken is set to return to the Australian dollar market for the first time in nearly two years this week, as Aussie dollar senior paper rallies thanks to the long term absence of funding from the market's major domestic banks.

    • 24 Feb 2021

Westpac In The Key League Tables

Asset Rank STLY Amount $bn No of issues Share % STLY Share %
  • Last updated
  • Today
Bookrunners of Dollar Denominated Covered Bond Above $1bn 6 0.31 1 8.21%
Bookrunners of G3 Syndicated Loans (Asia Pacific ex-Japan) 24 24 0.58 3 1.14% 1.08%
Australia DCM 1 3 2.71 6 19.66% 11.99%

All International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 92.59 388 8.96%
2 Citi 85.30 278 8.25%
3 BofA Securities 63.15 265 6.11%
4 Barclays 58.01 223 5.61%
5 Deutsche Bank 55.74 184 5.39%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 60.87 123 14.06%
2 Credit Agricole CIB 28.59 93 6.60%
3 Santander 25.41 90 5.87%
4 JPMorgan 23.88 61 5.52%
5 UniCredit 21.51 103 4.97%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 2.07 11 10.42%
2 BofA Securities 1.40 6 7.01%
3 Citi 1.37 7 6.87%
4 Morgan Stanley 1.36 6 6.85%
5 JPMorgan 1.31 7 6.59%