(Bloomberg) -- Westpac Banking Corp., Australia's
fourth-largest bank, sold A$7 billion ($5.7 billion) of bonds
backed by home loans in its biggest debt sale.
Westpac increased the sale of residential mortgage-backed
securities by 37 percent from A$5.1 billion to meet larger-than-
expected investor demand, said David Lording, the bank's Sydney-
based spokesman. It's the nation's second-biggest sale of such
securities, after Commonwealth Bank of Australia raised A$7.07
in February.
Read more at Bloomberg Bonds News
fourth-largest bank, sold A$7 billion ($5.7 billion) of bonds
backed by home loans in its biggest debt sale.
Westpac increased the sale of residential mortgage-backed
securities by 37 percent from A$5.1 billion to meet larger-than-
expected investor demand, said David Lording, the bank's Sydney-
based spokesman. It's the nation's second-biggest sale of such
securities, after Commonwealth Bank of Australia raised A$7.07
in February.
Read more at Bloomberg Bonds News
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