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Fitch: ANZ Bank New Zealand issues €750M of mortgage-covered bonds

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Fitch: ANZ Bank New Zealand issues €750M of mortgage-covered bonds

ANZ Bank New Zealand Ltd. issued €750 million of mortgage-covered bonds, Fitch Ratings said Jan. 17.

The bonds are issued by ANZ New Zealand (Int'l) Ltd., which is a special purpose vehicle for offshore issuance from the bank's London branch. The issuance brings the total outstanding bonds to €2.5 billion. The fixed-rate bonds are due in January 2024.