Westpac adds A$1.08 bln to 2014 govt-backed notes

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SYDNEY, July 9 (Reuters) - Westpac Banking Corp (WBC.AX),
Australia's second-largest lender, earlier this month added
A$1.08 billion ($843 million) to a 2014 government-backed bond
issue, it said on Thursday.

The increase consisted of A$780 million in fixed rate and
A$300 million in floating rate notes.

The offer matures on March 5, 2014 and settles on July 9.
The margins were not disclosed.

Australian banks have been keen users of a government
guarantee put in place late last year to help them weather the
global financial crisis.

More than A$102 billion of funds have been raised by
Australian banks, onshore and offshore, with the sovereign
guarantee since its introduction.

The Australian government guarantee is rated triple A by
all major ratings agencies.
($1=A$1.28)
(Reporting by Cecile Lefort)