Bonds · Corporate issuer
Westpac Banking Corporation bonds WBC.AX
Who owns Westpac Banking Corporation's debt and what their own filings say it is worth. Bond prices and yields are fund-reported marks (SEC Form N-PORT) as of Jul 2026; they lag the market by about two months. WBC.AX stock page.
Held by funds
$1.91B
74 bonds, fund marks Jul 2026
Fund holders
357
+17 vs prior quarter
USD spread over Treasuries
31 bp
+4 bp in a month · fund-reported
USD yield
4.54%
median yield to maturity · fund-reported
Distance-to-default
n/a
financial company: model not applied
Every bond funds hold
Each bond's latest fund-reported mark. Price per 100 of face value; yield to maturity from price, coupon and maturity; spread over the matched-maturity Treasury for US-dollar bonds.
| Bond | Coupon | Maturity | Ccy | Price | Yield | Spread | Funds | Held | As of |
|---|---|---|---|---|---|---|---|---|---|
| AU3FN0080305 | 5.18% floating | 2026-08-10 | AUD | 100.01 | — | — | 3 | $21.5M | Jul 2026 |
| 961214DC4 | 2.7% fixed | 2026-08-19 | USD | 99.94 | 3.81% | 8 bp | 3 | $18.7M | Jul 2026 |
| 96130AC71 | 3.95% variable | 2026-10-06 | USD | 100.04 | — | — | 1 | $1.3M | Jul 2026 |
| 9612CABL0 | 3.95% floating | 2026-10-15 | USD | 100.01 | — | — | 6 | $13.0M | Jul 2026 |
| 96130AD39 | 0.039% variable | 2026-10-19 | USD | 100.03 | — | — | 2 | $30.0M | May 2026 |
| 961214FX6 | 4.085% floating | 2026-10-20 | USD | 100.04 | — | — | 8 | $123.7M | Jul 2026 |
| 961214FV0 | 4.6% fixed | 2026-10-20 | USD | 100.09 | 4.18% | 44 bp | 3 | $10.6M | Jul 2026 |
| AU3CB0286037 | 2.4% fixed | 2027-01-25 | AUD | 98.82 | 4.90% | — | 1 | $3.8M | Jul 2026 |
| BT5621813 | 5.24% floating | 2027-01-25 | AUD | 100.20 | — | — | 4 | $16.9M | Jul 2026 |
| 9612CABG1 | 3.89% floating | 2027-02-23 | USD | 100.01 | — | — | 1 | $6.0M | Jun 2026 |
| 961214DK6 | 3.35% fixed | 2027-03-08 | USD | 99.44 | 4.30% | 42 bp | 3 | $8.3M | Jul 2026 |
| AU3FN0069217 | 5.5% floating | 2027-05-20 | AUD | 100.53 | — | — | 1 | $19.3M | Jul 2026 |
| 96122XAP3 | 3.371% fixed | 2027-06-07 | USD | 99.24 | 4.21% | 32 bp | 2 | $1.9M | Jun 2026 |
| 961214FC2 | 4.04% fixed | 2027-08-26 | USD | 99.69 | 4.34% | 28 bp | 11 | $20.4M | Jul 2026 |
| XS1676933853 | 1.125% fixed | 2027-09-05 | EUR | 98.03 | 2.97% | — | 5 | $21.5M | Jul 2026 |
| AU3CB0294023 | 5.3% fixed | 2027-11-11 | AUD | 100.29 | 5.06% | — | 2 | $14.1M | Jul 2026 |
| ZN2057232 | 5.66% floating | 2027-11-11 | AUD | 100.99 | — | — | 6 | $40.6M | Jul 2026 |
| 961214FK4 | 5.457% fixed | 2027-11-18 | USD | 101.33 | 4.39% | 29 bp | 16 | $64.9M | Jul 2026 |
| Q97423E54 | 3.106% fixed | 2027-11-23 | EUR | 100.42 | 2.79% | — | 2 | $700K | Jun 2026 |
| XS2976283130 | 2.892% floating | 2028-01-14 | EUR | 100.27 | — | — | 1 | $11.3M | Jul 2026 |
| 961214DW0 | 3.4% fixed | 2028-01-25 | USD | 98.59 | 4.39% | 26 bp | 12 | $16.0M | Jul 2026 |
| ZM9714878 | 4.8% fixed | 2028-02-16 | AUD | 99.61 | 5.06% | — | 3 | $17.0M | Jul 2026 |
| ZM9903877 | 5.43% floating | 2028-02-16 | AUD | 100.80 | — | — | 7 | $81.4M | Jul 2026 |
| 9612E0DL8 | 4.15% floating | 2028-03-06 | USD | 100.12 | — | — | 5 | $35.0M | Jul 2026 |
| 9612E0DN4 | 4.07% floating | 2028-05-11 | USD | 100.07 | — | — | 8 | $96.6M | Jul 2026 |
| 9612EVAA7 | 4.15% fixed | 2028-05-11 | USD | 99.52 | 4.43% | 25 bp | 20 | $112.9M | Jul 2026 |
| 96122WAQ3 | 4.184% fixed | 2028-05-22 | USD | 99.72 | 4.34% | 25 bp | 2 | $18.2M | Jun 2026 |
| AT5191446 | 1.45% fixed | 2028-07-17 | EUR | 96.82 | 3.15% | — | 2 | $893K | Jul 2026 |
| AU3CB0302735 | 5% fixed | 2028-09-19 | AUD | 99.76 | 5.12% | — | 2 | $23.7M | Jul 2026 |
| AU3FN0081279 | 5.4% floating | 2028-09-19 | AUD | 100.85 | — | — | 4 | $8.2M | Jul 2026 |
| BR4627484 | 0% fixed | 2028-09-22 | EUR | 188.03 | — | — | 1 | $1.3M | Jun 2026 |
| Q97423KX6 | 0.01% fixed | 2028-09-22 | EUR | 93.61 | 3.13% | — | 2 | $44.6M | Jul 2026 |
| 961214FN8 | 5.535% fixed | 2028-11-17 | USD | 102.25 | 4.49% | 26 bp | 12 | $16.2M | Jul 2026 |
| 961214EW9 | 1.953% fixed | 2028-11-20 | USD | 94.50 | 4.49% | 26 bp | 11 | $20.1M | Jul 2026 |
| ZF1428928 | 5% fixed | 2029-01-15 | AUD | 99.75 | 5.11% | — | 5 | $27.2M | Jul 2026 |
| AU3FN0084018 | 5.46% floating | 2029-01-15 | AUD | 101.10 | — | — | 3 | $39.6M | Jul 2026 |
| 961214FU2 | 4.47% floating | 2029-04-16 | USD | 100.74 | — | — | 10 | $100.3M | Jul 2026 |
| 961214FT5 | 5.05% fixed | 2029-04-16 | USD | 101.18 | 4.58% | 33 bp | 10 | $9.2M | Jul 2026 |
| ZB9054022 | 5.1% fixed | 2029-05-14 | AUD | 99.84 | 5.16% | — | 4 | $105.0M | Jul 2026 |
| AU3FN0087706 | 5.32% floating | 2029-05-14 | AUD | 100.88 | — | — | 5 | $23.8M | Jul 2026 |
| AU3FN0091880 | 5.32% floating | 2029-09-19 | AUD | 100.76 | — | — | 4 | $61.2M | Jul 2026 |
| 961214EL3 | 2.65% fixed | 2030-01-16 | USD | 93.63 | 4.67% | 39 bp | 10 | $16.9M | Jul 2026 |
| XS2575952937 | 3.799% fixed | 2030-01-17 | EUR | 101.68 | 3.27% | — | 3 | $24.0M | Jul 2026 |
| XS3413338065 | 3.04% fixed | 2030-03-01 | EUR | 99.30 | 3.25% | — | 1 | $115K | Jul 2026 |
| XS3067881832 | 2.59% fixed | 2030-05-14 | EUR | 97.55 | 3.29% | — | 1 | $1.2M | Jul 2026 |
| AU3CB0322923 | 4.3% fixed | 2030-06-19 | AUD | 96.97 | 5.17% | — | 1 | $68K | Jul 2026 |
| 961214GC1 | 4.35% fixed | 2030-07-01 | USD | 98.83 | 4.68% | 39 bp | 7 | $6.4M | Jul 2026 |
| 961214GD9 | 4.48% floating | 2030-07-01 | USD | 100.86 | — | — | 18 | $130.7M | Jul 2026 |
| DA0500581 | 4.5% fixed | 2030-10-30 | AUD | 97.44 | 5.18% | — | 2 | $1.7M | Jul 2026 |
| Q974245D5 | 3.119% fixed | 2031-01-02 | EUR | 99.12 | 3.33% | — | 3 | $6.1M | Jul 2026 |
| AU3CB0331148 | 5.14% fixed | 2031-02-12 | AUD | 99.73 | 5.21% | — | 3 | $1.7M | Jul 2026 |
| 961214ET6 | 2.15% fixed | 2031-06-03 | USD | 88.76 | 4.78% | 45 bp | 12 | $70.3M | Jul 2026 |
| 9612E0DM6 | 4.36% floating | 2031-06-12 | USD | 100.34 | — | — | 2 | $57.7M | Jul 2026 |
| 9612EVAB5 | 4.45% fixed | 2031-06-12 | USD | 98.40 | 4.82% | 50 bp | 7 | $14.6M | Jul 2026 |
| 961214DF7 | 4.322% fixed | 2031-11-23 | USD | 99.82 | 4.36% | 1 bp | 6 | $10.2M | Jul 2026 |
| XS1615085864 | 1.375% fixed | 2032-05-17 | EUR | 89.51 | 3.40% | — | 3 | $10.8M | Jul 2026 |
| Q97424U39 | 2.912% fixed | 2032-11-26 | EUR | 97.03 | 3.44% | — | 3 | $34.3M | Jul 2026 |
| AU3CB0300366 | 6.491% variable | 2033-06-23 | AUD | 101.58 | — | — | 3 | $12.1M | Jul 2026 |
| AU3FN0079091 | 6.769% floating | 2033-06-23 | AUD | 102.46 | — | — | 1 | $72K | Jul 2026 |
| 961214FG3 | 5.405% variable | 2033-08-10 | USD | 99.85 | — | — | 6 | $19.0M | Jul 2026 |
| 961214FP3 | 6.82% fixed | 2033-11-17 | USD | 107.16 | 5.61% | 114 bp | 10 | $31.4M | Jul 2026 |
| AU3CB0308278 | 5.754% variable | 2034-04-03 | AUD | 100.63 | — | — | 1 | $627K | Jun 2026 |
| Q97424JL2 | 6.338% floating | 2034-04-03 | AUD | 102.11 | — | — | 3 | $13.2M | Jul 2026 |
| AU3CB0311140 | 5.972% variable | 2034-07-10 | AUD | 100.89 | — | — | 1 | $4.6M | Jul 2026 |
| AU3FN0089413 | 6.129% floating | 2034-07-10 | AUD | 101.64 | — | — | 2 | $17.6M | Jul 2026 |
| 961214EF6 | 4.11% variable | 2034-07-24 | USD | 97.16 | — | — | 7 | $3.3M | Jul 2026 |
| XS2870281727 | 3.31% fixed | 2034-07-31 | CNY | 104.96 | 2.62% | — | 1 | $311K | Jul 2026 |
| Q97424ZF7 | 5.351% variable | 2035-02-12 | AUD | 98.82 | — | — | 2 | $11.3M | Jul 2026 |
| 961214EP4 | 2.668% fixed | 2035-11-15 | USD | 89.51 | 4.03% | -54 bp | 8 | $11.7M | Jul 2026 |
| 961214FW8 | 5.618% variable | 2035-11-20 | USD | 98.90 | — | — | 10 | $37.7M | Jul 2026 |
| XS3413338149 | 3.48% fixed | 2036-06-23 | EUR | 98.60 | 3.65% | — | 1 | $341K | Jul 2026 |
| XS2388390689 | 0.38% fixed | 2036-09-22 | EUR | 72.37 | 3.69% | — | 1 | $125K | Jul 2026 |
| 961214EX7 | 3.02% fixed | 2036-11-18 | USD | 88.51 | 4.42% | -20 bp | 14 | $10.2M | Jul 2026 |
| AU3CB0300358 | 6.93% fixed | 2038-06-23 | AUD | 104.73 | 6.36% | — | 3 | $6.1M | Jul 2026 |
| AU3CB0304376 | 7.2% fixed | 2038-11-15 | AUD | 106.34 | 6.44% | — | 3 | $7.4M | Jul 2026 |
| 961214EG4 | 4.421% fixed | 2039-07-24 | USD | 87.36 | 5.82% | 107 bp | 6 | $3.1M | Jul 2026 |
| YO8695620 | 5.815% fixed | 2040-06-04 | AUD | 96.58 | 6.19% | — | 3 | $11.6M | Jul 2026 |
| 961214EQ2 | 2.963% fixed | 2040-11-16 | USD | 71.92 | 5.90% | 108 bp | 11 | $7.6M | Jul 2026 |
| AU3CB0331130 | 6.085% variable | 2041-02-12 | AUD | 97.82 | — | — | 5 | $42.9M | Jul 2026 |
| 961214EY5 | 3.133% fixed | 2041-11-18 | USD | 71.72 | 5.98% | 111 bp | 8 | $5.2M | Jul 2026 |
| DA0507867 | 6.135% fixed | 2045-11-13 | AUD | 96.23 | 6.48% | — | 2 | $19.6M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Price history
Median fund-marked price across the bonds, per 100 of face value.
By month
Funds file on staggered quarter-ends, so each month-end is marked by the funds that reported for it; the amount held moves with which funds filed, not only with buying and selling.
| Month-end | Bonds | Held | Median price | USD yield | USD spread | Most funds on one bond |
|---|---|---|---|---|---|---|
| Jul 2026 | 74 | $1.91B | 99.79 | 4.54% | 31 bp | 20 |
| Jun 2026 | 53 | $1.30B | 100.01 | 4.39% | 27 bp | 44 |
| May 2026 | 33 | $1.08B | 99.90 | 4.27% | 27 bp | 34 |
| Apr 2026 | 71 | $1.65B | 99.95 | 4.28% | 39 bp | 18 |
| Mar 2026 | 51 | $1.19B | 99.92 | 4.27% | 46 bp | 44 |
| Feb 2026 | 34 | $1.11B | 100.05 | 3.84% | 23 bp | 34 |
| Jan 2026 | 74 | $1.75B | 100.18 | 4.07% | 26 bp | 18 |
| Dec 2025 | 53 | $1.28B | 100.06 | 3.98% | 34 bp | 48 |
| Nov 2025 | 35 | $1.21B | 100.06 | 3.93% | 26 bp | 34 |
| Oct 2025 | 73 | $1.95B | 100.32 | 4.07% | 40 bp | 17 |
| Sep 2025 | 52 | $1.39B | 100.12 | 4.02% | 39 bp | 48 |
| Aug 2025 | 37 | $1.25B | 100.11 | 4.02% | 26 bp | 34 |
| Jul 2025 | 80 | $2.21B | 100.17 | 4.30% | 38 bp | 16 |
Who holds the debt
Fund series in their latest quarterly N-PORT report, largest first, with the change in face value against each fund's own previous report. Names as reported in the filings. 98 added, 70 cut, 33 new holders and 17 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| VANGUARD TOTAL BOND MARKET INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $242.4M | $228.3M | $28.8M |
| VANGUARD TOTAL BOND MARKET II INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $213.0M | $200.3M | $20.0M |
| VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $242.3M | $195.8M | $35.2M |
| DFA FIVE-YEAR GLOBAL FIXED INCOME PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $261.9M | $193.5M | $0 |
| VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $188.3M | $187.0M | $22.6M |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND VANGUARD SCOTTSDALE FUNDS | 2026-05-31 | $190.5M | $184.4M | $5.4M |
| DFA Investment Grade Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $226.6M | $181.7M | $0 |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $213.5M | $170.8M | $36.1M |
| DFA ONE-YEAR FIXED INCOME PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $128.5M | $128.4M | $64.5M |
| iShares Floating Rate Bond ETF iShares Trust | 2026-07-31 | $117.3M | $117.9M | $33.5M |
| Putnam Ultra Short Duration Income Fund Putnam Funds Trust | 2026-07-31 | $102.1M | $102.0M | $55.8M |
| Baird Core Plus Bond Fund Baird Funds Inc | 2026-06-30 | $101.8M | $98.4M | $0 |
| iShares Core U.S. Aggregate Bond ETF iShares Trust | 2026-05-31 | $93.8M | $88.5M | -$1.4M |
| VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $87.3M | $85.8M | $5.3M |
| VanEck IG Floating Rate ETF VanEck ETF Trust | 2026-07-31 | $75.0M | $75.4M | $35.1M |
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $65.4M | $64.1M | $854K |
| VANGUARD SHORT-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $64.6M | $63.5M | $3.5M |
| Dimensional Short-Duration Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $66.6M | $62.4M | $15.3M |
| VANGUARD INTERMEDIATE-TERM BOND INDEX FUND VANGUARD BOND INDEX FUNDS | 2026-06-30 | $54.0M | $51.7M | $1.3M |
| iShares iBoxx $ Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $56.1M | $50.3M | $533K |
| DFA TWO-YEAR GLOBAL FIXED INCOME PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $58.1M | $50.0M | $19.8M |
| Baird Aggregate Bond Fund Baird Funds Inc | 2026-06-30 | $51.3M | $49.1M | $0 |
| Fidelity U.S. Bond Index Fund Fidelity Salem Street Trust | 2026-05-31 | $48.2M | $46.8M | -$3.8M |
| JPMorgan Ultra-Short Income ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $46.6M | $46.7M | -$15.5M |
| State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $39.6M | $38.6M | $12.7M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): Fidelity SAI Low Duration Bond Fund ($34.0M), PIMCO Short-Term Floating NAV Portfolio II ($7.0M), GuidePath Managed Futures Strategy Fund ($2.0M), Victory Ultra Short-Term Bond Fund ($1.5M), Transamerica Morgan Stanley Global Allocation VP ($1.2M), BlackRock Global Allocation Fund, Inc. ($1.1M), Victory Core Plus Intermediate Bond Fund ($1.0M), THRIVENT CORE INVESTMENT GRADE CORPORATE BOND FUND ($750K), Global Strategist Portfolio ($650K), Invesco Multi-Asset Income Fund ($505K).
ETFs holding these bonds
From each ETF's own latest N-PORT report: the issuer's bonds as a share of the ETF's net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Face value | Value | % of net assets |
|---|---|---|---|---|---|
| BND VANGUARD TOTAL BOND MARKET INDEX FUND | 2026-06-30 | 18 | $242.4M | $228.3M | 0.06% |
| VCSH VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 13 | $188.3M | $187.0M | 0.37% |
| VCIT VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | 2026-05-31 | 5 | $190.5M | $184.4M | 0.27% |
| BNDX VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 15 | $213.5M | $170.8M | 0.14% |
| FLOT iShares Floating Rate Bond ETF | 2026-07-31 | 6 | $117.3M | $117.9M | 1.14% |
| AGG iShares Core U.S. Aggregate Bond ETF | 2026-05-31 | 20 | $93.8M | $88.5M | 0.06% |
| FLTR VanEck IG Floating Rate ETF | 2026-07-31 | 5 | $75.0M | $75.4M | 2.51% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 12 | $65.4M | $64.1M | 0.29% |
| BSV VANGUARD SHORT-TERM BOND INDEX FUND | 2026-06-30 | 11 | $64.6M | $63.5M | 0.09% |
| DFSD Dimensional Short-Duration Fixed Income ETF | 2026-07-31 | 10 | $66.6M | $62.4M | 0.88% |
| BIV VANGUARD INTERMEDIATE-TERM BOND INDEX FUND | 2026-06-30 | 5 | $54.0M | $51.7M | 0.10% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 2026-05-31 | 8 | $56.1M | $50.3M | 0.17% |
| JPST JPMorgan Ultra-Short Income ETF | 2026-05-31 | 2 | $46.6M | $46.7M | 0.12% |
| SPIB State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF | 2026-06-30 | 15 | $39.6M | $38.6M | 0.33% |
| SPSB State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF | 2026-06-30 | 6 | $35.8M | $35.2M | 0.33% |
Default risk, three ways
Stock market: distance-to-default
Not computed: financial company (banks, insurers, BDCs and REITs carry leverage as their business, which the model misreads).
Bond market: priced-in odds
A 31 bp spread prices in about 0.5% a year of default odds (spread ÷ (1 − 40% recovery)). Fund-reported marks as of Jul 2026; the spread also pays for liquidity and risk premium, so this overstates actual defaults.
Accounts: Altman Z
Not available.
The stock side: 13F filings
What institutions report holding in WBC.AX's stock and options. Options are reported at the value of the underlying shares, not the premium paid; 13F lists long positions only, lags 45 days after quarter-end, and does not show whether puts hedge a stock position.
| Quarter-end | Stock holders | Stock value | Put managers | Puts (underlying value) | Call managers | Calls (underlying value) | Convertible holders |
|---|---|---|---|---|---|---|---|
| 2026-06-30 | 1 | $20K | 0 | — | 0 | — | 0 |
| 2026-03-31 | 1 | $20K | 0 | — | 0 | — | 0 |
| 2025-12-31 | 1 | $20K | 0 | — | 0 | — | 0 |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.