Thursday, 21 June 2007

ANZ Completes Australia's First Sale of Bonds Backed by Trade Receivables

(Bloomberg) -- Australia & New Zealand Banking
Group Ltd., the third-largest Australian lender, raised A$225
million ($191 million) in the nation's first sale of bonds
backed by local trade receivables.

The bank priced two classes of debt at 13 basis points more
than the one-month benchmark swap rate, Alison Gray, global head
of securitization in Sydney, said in an interview today.


Read more at Bloomberg Bonds News

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