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ANZ National issues NZ$70 mln 3-year notes

Thu Dec 13, 2007 10:09pm EST

Stocks

    
 (For the latest Australia and New Zealand bond news, double
click on [AU/CRD] and then double click on the ID number)
 SYDNEY, Dec 14 (Reuters) - ANZ National Bank, New Zealand's
biggest retail bank, said it has issued NZ$70 million ($55
million) of three-year senior notes at 35 basis points over
BKBM.
 The bank is a unit of Australia and New Zealand Banking
Group Ltd (ANZ.AX).
  The deal details are as follows:
  Issuer:         ANZ National Bank Ltd.
  Facility:       Domestic floating rate notes
  Amount:         NZ$70 million
  Maturity:       Dec. 17, 2010
  Set date:       Dec. 17
  Coupon:         +35 bps over BKBM mid
  Yield:          +35 bps
  Spread:         +35 bps
  Issue price:    100
  Lead:           ANZ Institutional
  Issue rating:   AA (S&P), Aa2 (Moody's)
 ($1=NZ$1.28)
 (Reporting by Cecile Lefort)



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