ANZ NZ launches five-year domestic deal

On 11 March, ANZ New Zealand (ANZ NZ) (AA-/A1/AA-) launched a self-led, five-year, indicative NZ$100 million (US$68 million) transaction to institutional and New Zealand retail investors. The forthcoming deal has an indicative margin of 105-110 basis points area over mid swap, with the final margin and interest rate to be set following a bookbuild on 14 March.