ASX:WBCBanks
Did Westpac’s New Floating-Rate Notes and Softer Inflation Just Shift Westpac Banking's (ASX:WBC) Investment Narrative?
In early January 2026, Westpac Banking Corporation announced new floating rates for its GBP 500,000,000 Series No 1567 note due April 2026 and its US$40,000,000 floating rate note due January 2030, while investors reacted to recent signs of cooling Australian inflation and shifting interest rate expectations.
These developments highlight how Westpac’s funding costs and earnings outlook are increasingly tied to changing inflation data ahead of its February 13 quarterly update and May 5...