UDPATE 1-ANZ sells 2 bln euro 2013 bond to 180 investors

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SYDNEY, May 7 (Reuters) - Australia and New Zealand Banking
Group Ltd (ANZ.AX: Quote, Profile, Research, Stock Buzz), the country's fourth-biggest bank by market
capitalisation, said on Wednesday it has placed 2 billion euro
($3.1 billion) of 2013 notes with 180 accounts.

UK-based investors dominated the book, followed by
investors from continental Europe.

The bank, which did not give the exact breakdown details,
said investors were scaled back at the clearing price of 93
basis points over swap, despite it being reduced from the
initial margin of around 95 bps.

Deal details are as follows:

Borrower Australia and New Zealand Banking

Group Limited (ANZ.AX: Quote, Profile, Research, Stock Buzz)

Issue Amount 2.0 billion euro

Maturity Date May 20, 2013

Coupon 5.25 pct

Issue price 99.85

Reoffer price 99.85

Spread 93 basis points

Underlying Govt bond Over Mid-swaps, equivalent to
139.4

bp over the 3.5 pct April 2013 OBL

Payment Date May 20, 2008

Lead Manager(s) Barclays Bank & Credit Suisse

Ratings Aa1 (Moody's), AA (S&P),

AA- (Fitch)

Listing London

Full fees Undisclosed

Denoms (K) 50-1

Governing Law English

Negative pledge Yes

Cross Default Yes

Notes Launched under the issuer's EMTN

Programme