Issue 219

Indicative market yield (% pa) N/A
Indicative market price (%) 104.50

Issuer ANZ Bank
Amount on issue (NZ$m) 250.0
Issuer type Financial institution
Description Mandatory convertible, non-cumulative perpetual subordinated debt securities
Security ranking Subordinated
Assumed maturity date 25 May 2020
Legal maturity date N/A
Credit rating BBB-
Current coupon 7.20
Coupon type Fixed Quarterly
Next coupon reset date 25 May 2020
Coupon reset at interpolated 5 year and 6 year swap rate 3.50
Election/Conversion date 25 May 2020
First & future call dates 25 May 2020
Margin reset date N/A
Margin reset 3.50% over reference rate
NZX Code ANBHB
Holdings - minimum/increments ($) 5,000/1,000
Issue documentation Click here

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