ANZ debuts in domestic covered bond market with A$3 billion deal [UPDATED]
- Thursday, 15 March 2012
ANZ Banking Group (ANZ) (AA-/Aa2/AA-) priced its domestic covered bond debut on March 16, introducing e a four-year fixed- and floating-rate line. The deal is the third domestic covered bond issue from an Australian big four bank, following January transactions totalling A$6.6 billion from Commonwealth Bank of Australia (AA-/Aa2/AA-) and Westpac Banking Corporation (AA-/Aa2/AA-).