ANZ has announced the issue of an AUD1.25 billion Tier 2 capital bond linked to the UN Sustainable Development Goals.
The issue is the first bank issued SDG Bond in Australia’s domestic bond market and comes after the bank’s inaugural green bond issue in June 2015.
ANZ Group Treasurer Adrian Went said: “Investor demand for ANZ’s latest issue was strong following the maturity of our 2015 Green Bond earlier this year.”
The bond matures 26 February 2031, with the first optional redemption date of 26 February 2026. The bond pays a floating rate of interest with a coupon of 3mth BBSW +185bps.