ANZ 6.124% 25Jul2039 Corp (AUD)

Bond Factsheet

Marketplace

Australia and New Zealand Banking Group Limited

Full Lot

Bid Price

96.860

Change in Bid Price

Bid Yield (%)

6.622 %

Change in Bid Yield

remove 0.002

Bid Volume

5,000

Ask Price

97.200

Change in Ask Price

0.340

Ask Yield (%)

6.577 %

Change in Ask Yield

remove 0.047

Ask Volume

200,000

Price as of 05 Oct 2026, 4:50pm

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Bond Information

Australia and New Zealand Banking Group Limited provides banking and financial services. The Bank offers institutional and private banking, mobile lending, residential and commercial brokerage, bank accounts, credit cards, home and personal loans, wealth management, and insurance services. Australia and New Zealand Banking Group serves customers worldwide.

Bond Issuer

Australia and New Zealand Banking Group Limited

Guarantor

Announcement Date

16 Jul 2024

Issue Date

25 Jul 2024

Maturity Date

25 Jul 2039

Years to Maturity / Next Call

12.810 / 7.807

Modified Duration

8.568 @ 02 Oct 2026

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

6.124

Coupon Type

Variable

Annual Coupon Rate

6.124

Coupon Frequency

Semi Annually

Seniority

Subordinated

Capital Structure

Tier 2

Reference Rate

Reset Date: 25 July2034 and every quarter thereafter
Reset Rate: 3 month BBSW + Initial Spread (1.830%)

ISIN

AU3CB0311561

CUSIP

YW4440122

Bond Currency

AUD

Total Issue Size

1,900,000,000

Min. Investment Quantity (Nominal)

AUD 1,000

Incremental Quantity (Nominal)

AUD 1,000

Bond Type

Corporate

Bond Sector

Financials

Bond Sub Sector

Banks

Issuer Credit Rating (S&P/ Fitch)

***/ AA-

Bond Credit Rating (S&P/ Fitch)

***/ A-

Shariah Compliant

Exchange Listed

Bond Feature(s)

Loss Absorption

Tier 2

Conversion

The Subordinated Notes are subject to mandatory Conversion into ordinary shares of ANZGHL if a Non-Viability Trigger Event occurs. If Conversion has not been effected within five Business Days after the Non-Viability Trigger Event for any reason, the Subordinated Notes will be Written-Off in accordance with the conditions described in the Information Memorandum dated 9 August 2023. Refer to the relevant Pricing Supplement for further particulars.

A “Non-Viability Trigger Event” means the earlier of:

(a) the issuance to the Issuer of a written determination from APRA that conversion or write-off of Relevant Securities is necessary because, without it, APRA considers that the Issuer would become non-viable; or

(b) a determination by APRA, notified to the Issuer in writing, that without a public sector injection of capital, or equivalent support, the Issuer would become non-viable,

each such determination being a “Non-Viability Determination”.

Issuer Call

The Subordinated Notes are redeemable at the option of ANZBGL at par in full (and not in part) on an Optional Redemption Date subject to the conditions set out in the Information Memorandum and the relevant Pricing Supplement.

The Optional Redemption Dates are:

(a) the Interest Payment Date scheduled to fall on 25 July 2034 (“First Optional Redemption Date”); and

(b) every Interest Payment Date thereafter up to (but excluding) the Maturity Date.

Any early redemption of the Subordinated Notes is subject to the prior written approval of APRA. Subordinated Noteholders should not expect that APRA’s approval will be given for any redemption of Subordinated Notes.

Additional Note

Redemption of Subordinated Notes for regulatory reasons

If specified in the relevant Pricing Supplement, if a Regulatory Event occurs, the Issuer may at its option, at any time (if the Subordinated Note is not a Floating Rate Note) or on any Interest Payment Date (in the case of a Subordinated Note that is a Floating Rate Note) and subject to Condition 6.9 on giving not more than 60 nor less than 30 days’ notice to the Subordinated Noteholders of the relevant Series (which notice shall be irrevocable) redeem all, but not some only, of the Subordinated Notes of the relevant Series at their Early Redemption Amount together with interest accrued to the date fixed for redemption. Prior to the publication of any notice of redemption pursuant to this Condition 6.3, the Issuer shall deliver to the Registrar a certificate signed by two persons each of whom is either a Director, a senior executive or an authorised representative (or equivalent status) of the Issuer stating that the Issuer is entitled to effect such redemption and setting forth a statement of the facts showing that the conditions precedent to the right of the Issuer so to redeem have occurred.

For the purposes of this Condition, “Regulatory Event” means the receipt by the directors of the Issuer of:

(a) an opinion from a reputable legal counsel that as a result of any amendment to, clarification of or change (including any announcement of a change that has been or will be introduced) in, any law or regulation of Australia, or any official administrative pronouncement or action or judicial decision interpreting or applying such laws or regulations, which amendment, clarification or change is effective, or pronouncement, action or decision is announced, after the Issue Date; or

(b) an official written statement from APRA,

that, in each case, the Issuer is not or will not be entitled to treat all Subordinated Notes of a Series as Tier 2 Capital, provided that, in each case, on the Issue Date of the Subordinated Notes, the Issuer did not expect that matters giving rise to the Regulatory Event would occur.

Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.

Coupon Dates	Coupon Receive	Principal Amount	Cash Flow

No Data