ANZ National Said to Sell Five-Year Covered Bonds in Euros

ANZ National (International) Ltd. plans to sell five-year covered bonds in euros, according to a banker involved in the transaction.

The notes will be backed by prime New Zealand residential mortgages, the banker said. Barclays Capital, BNP Paribas SA and UBS AG are managing the deal with ANZ.

To contact the reporter on this story: Hannah Benjamin in London at hbenjamin1@bloomberg.net

To contact the editor responsible for this story: Ben Martin at bmartin38@bloomberg.net

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