Contrary to reports elsewhere, ANZ (AA/Aa1) has no plan to add a seven-year tranche to the Samurai deal it is expecting to price in the next few days. While the last Samurai issued by an Australian bank – Westpac Banking Corporation (Westpac)’s (AA/Aa1/AA-) ¥111.3 billion (US$1.24 billion) deal from January 15 – offered five- and seven-year notes, ANZ is focusing on a single-tenor trade.