ANZ National pays up for volume in first offshore GG deal from a NZ bank
- Saturday, 28 March 2009
On March 26 ANZ National (AA/Aa2/AA-) issued a US$1 billion 3.25 per cent deal at 150 basis points over mid-swap, guaranteed by the New Zealand sovereign. This is the first offshore government-guaranteed (GG) deal done by a New Zealand bank, and the first GG deal completed by ANZ National.
