Kiwi covered bond flies with debut Swiss franc issue

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Kiwi covered bond flies with debut Swiss franc issue

Issue: 1240 - 3 February 2012

Keywords: ANZ, New Zealand, covered bond

ANZ Bank hit the Swiss franc covered bond jackpot for the second time in two weeks on Thursday when its New Zealand subsidiary issued a Sfr500m dual tranche note. The market’s first Kiwi covered bond followed the parent’s blowout Sfr750m debut on January 20. ..

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