ANZ issues bonds
ANZ is making two offers of unsecured subordinated bonds.
Sunday, 13 March 2016
The bonds are for up to $100 million of floating rate and $100 million of fixed-rate bonds.
The offers are open to institutional and New Zealand retail investors.
They are tipped to close on March 16 and the bonds are likely to be issued on March 22.
The floating rate bonds have a maturity date of March 22, 2019 and an indicative margin of 1% a year.
The fixed-rate bonds have a maturity date two years later and an indicative margin of 1.4%.
Both are rated AA- from Standard & Poor's.
The minimum to invest is $10,000.
Comments from our readers
No comments yet
Sign In to add your comment
Weekly Updates including news and commentary
Today's Best Bank Rates
Today's Top 5 Deposit Rates
Find a Rate
Cash PIE Rates
21 June 2017
6 June 2017
4 May 2017
10 April 2017
12 January 2017
Disclaimer - Every possible effort has been made to keep the information in the tables and on this site as accurate as possible, however, neither the publisher, Tarawera Publishing, nor anyone engaged to compile the rates and this site accept any liability for inaccuracies or any loss suffered as a result. It is strongly advised that readers check loan details with providers. The full terms and conditions of this site can be found here.
© Copyright 1997-2018. Tarawera Publishing Ltd. All Rights Reserved.