Westpac NZ Ltd - Senior Notes

Westpac has announced that it plans to issue a new five-year senior note.
Details to be announced later this week.

Quote:

---

Originally Posted by Grimy

Westpac has announced that it plans to issue a new five-year senior note.
Details to be announced later this week.

---

I'm picking better liquidity than a term deposit, but a similar interest rate. We'll see in due course.

Chris Lee & Co. picking around 3.3%

Suppose people will be losing money slower than in the bank with inflation at 6% and tax

Quote:

---

Originally Posted by mcdongle

Suppose people will be losing money slower than in the bank with inflation at 6% and tax

---

In the past 5 years, the WBC share price in NZ has gone from $33 to $23. I guess it all depends how you want to lose it?

Also had some great s/p increases too. $15 to $29 between April 2020 and June 2021. I'm no good at timing and held what I already had through 2020, but bought more and certainly lowered my average in 2020, so sitting on a modest gain at current price, + dividends. I didn't take part in this note issue.