ANZ National confirms senior for subordinated replacement plans

On February 20 ANZ National Bank (ANZ National) (AA-/Aa3) confirmed it is calling for indications of interest in a new seven-year senior deal in the domestic market. The bank had already announced its plans for early redemption of NZ$250 million (US$210.2 million) of subordinated bonds that were issued in February 2007, on their March 2 call date.