05 December 2023

WATC Green Bond wins KangaNews Sustainability Bond Deal of the Year

About the award

The KangaNews Awards are decided based solely on the votes of hundreds of market participants, who are thoroughly and intensively polled for their feedback. Western Australian Treasury Corporation won the 2023 award for Australian Sustainability Bond Deal of the Year, with it's July-2033 green bond, the first green bond delivered since the launch of our Sustainability Bond Framework.

The issuance was heavily oversubscribed, receiving more than $6 billion in investor bids for the $1.9 billion issued.

This is a great recognition by our market partners, commentators and peers, and reflects the very positive view the market continues to take of the transaction and supporting information and ongoing engagement.

Kaylene Gulich PSM Chief Executive Officer, Western Australian Treasury Corporation
KangaNews Award Winners 2023

Below - Western Australian bushland in sunlight. Image courtesy of Water Corporation.