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The Wire

Wednesday 19 November 2025 by FIIG Research

General

New Issues 1st November to 10th November 2025

Societe Generale SA
Volume: A$21m
Ranking: Senior Preferred
Coupon Type: Fixed
Coupon Rate: 5.35%
Issue/re-offer price: par
Maturity Date: 11 November 2035
Pricing date: 04 November 2025

Westpac Banking Corp
Volume: A$1bn
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 4.5%
Issue/re-offer price: 99.853
Maturity Date: 30 October 2030
Pricing date: 06 November 2025

Westpac Banking Corp
Volume: A$2bn
Ranking: Senior Unsecured
Coupon Type: FRN
Coupon Rate: 3mBBSW+0.73%
Issue/re-offer price: par
Maturity Date: 30 October 2030
Pricing date: 06 November 2025

Westpac Banking Corp
Volume: A$1bn
Ranking: Subordinated
Coupon Type: Fixed
Coupon Rate: 6.135%
Issue/re-offer price: par
Maturity Date: 13 November 2045
Pricing date: 06 November 2025

China Merchants Bank Co Ltd/Sydney
Volume: A$20m
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 3.65%
Issue/re-offer price: par
Maturity Date: 12 February 2026
Pricing date: 05 November 2025

Province of British Columbia Canada
Volume: A$1.25bn
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 5.2%
Issue/re-offer price: par
Maturity Date: 14 May 2036
Pricing date: 06 November 2025

Vontobel Financial Products Ltd
Volume: A$7m
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 3.239%
Issue/re-offer price: par
Maturity Date: 19 December 2025
Pricing date: 05 November 2025

National Australia Bank Ltd
Volume: A$1.1bn
Ranking: Subordinated
Coupon Type: FRN
Coupon Rate: 3mBBSW+1.3%
Issue/re-offer price: par
Maturity Date: 14 November 2035
Pricing date: 07 November 2025

National Australia Bank Ltd
Volume: A$650m
Ranking: Subordinated
Coupon Type: Fixed-to-Floating
Coupon Rate: 5.0824%
Issue/re-offer price: par
Maturity Date: 14 November 2035
Pricing date: 07 November 2025

Australia & New Zealand Banking Group Ltd
Volume: A$650m
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 4.25%
Issue/re-offer price: 99.907
Maturity Date: 01 November 2028
Pricing date: 10 November 2025

Australia & New Zealand Banking Group Ltd
Volume: A$2.25bn
Ranking: Senior Unsecured
Coupon Type: FRN
Coupon Rate: 3mBBSW+0.61%
Issue/re-offer price: par
Maturity Date: 01 November 2028
Pricing date: 10 November 2025

Credit Union Australia Ltd
Volume: A$500m
Ranking: Senior Unsecured
Coupon Type: FRN
Coupon Rate: 3mBBSW+0.93%
Issue/re-offer price: par
Maturity Date: 03 November 2028
Pricing date: 22 October 2025

Region Retail Trust
Volume: A$300m
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 4.933%
Issue/re-offer price: par
Maturity Date: 05 November 2031
Pricing date: 28 October 2025

Police Bank Ltd
Volume: A$100m
Ranking: Senior Unsecured
Coupon Type: FRN
Coupon Rate: 3mBBSW+1.05%
Issue/re-offer price: par
Maturity Date: 03 November 2028
Pricing date: 24 October 2025

Heritage and People's Choice Ltd
Volume: A$300m
Ranking: Senior Unsecured
Coupon Type: FRN
Coupon Rate: 3mBBSW+1.05%
Issue/re-offer price: par
Maturity Date: 05 November 2029
Pricing date: 28 October 2025

Asian Development Bank
Volume: A$40m
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 4.965%
Issue/re-offer price: par
Maturity Date: 10 November 2040
Pricing date: 27 October 2025

African Development Bank
Volume: A$30m
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 5.06%
Issue/re-offer price: par
Maturity Date: 04 November 2040
Pricing date: 28 October 2025

Asian Development Bank
Volume: A$80m
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 4.99%
Issue/re-offer price: par
Maturity Date: 12 November 2040
Pricing date: 29 October 2025

Kingdom of Belgium Government International Bond
Volume: A$175m
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 4.99%
Issue/re-offer price: par
Maturity Date: 30 October 2035
Pricing date: 31 October 2025

GAIF Bond Issuer Pty Ltd
Volume: A$500m
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 4.904%
Issue/re-offer price: par
Maturity Date: 13 November 2031
Pricing date: 06 November 2025

Landesbank Baden-Wuerttemberg
Volume: A$42.564m
Ranking: Senior Preferred
Coupon Type: Fixed
Coupon Rate: 3.5%
Issue/re-offer price: par
Maturity Date: 07 November 2028
Pricing date: 04 October 2025

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