ANZ bullish on covered bond prospects following debut issue
- Wednesday, 16 November 2011
ANZ Banking Group (ANZ) became the first Australian major bank to issue a covered bond on November 15, taking US$1.25 billion in the US market. The bank's Melbourne-based head of group funding, Luke Davidson, exclusively tells KangaNews that the bank expects to build up a number of offshore covered bond programmes in the wake of strong demand for the debut transaction.