ANZ 2022 Full Year Debt Investor Presentation
ANZ 2022 Full Year Debt Investor Presentation
AUSTRALIAN TLAC IN A GLOBAL CONTEXT
Australian TLAC offers investors higher returns than global peers
Internationally comparable RWA ratios¹
UK
Europe
Australia
HG
ANZY
CBA
NAB
Westpac
SEB
Svenska
Nordea
ING
Soc Gen
NatWest
HSBC
Barclays
Lloyds
TD
Canada
RBC
Bank of America
JP Morgan
3
Wells Fargo
Citigroup
CET1
AT1
Tier 2
ANZ Tier 2
28%
27%
26%
26%
10NC5Y spreads²
30%
29%
Tier 2
28%
31%
30%
32%
30%
34%
35%
39%
30%
24%
31%
36%
30%
NPS/HoldCo Senior
340
320
220
|305
205
310
210
370
260
435
310
390
300
405
295
445
315
365
275
290
160
295
160
255
180
255
180
255
180
265
190
NPS/HoldCo
Senior
10Y spreads²
340
330
255
315
240
320
245
380 300
445
360
400 330
415
345
455
370
375
305
290
195
295
195
265
210
265
210
265 210
275
220
Baa3
Source: Company disclosures, Citibank
1.
2.
A1 A2 A3 Baal Baa2
Using internationally comparable capital / RWA ratios for 31 March 2022 published by NAB and Westpac for 30 June 2022 published by CBA and for 30 September 2022 published by ANZ. All RWA's and all other ratios are calculated in accordance with prudential requirements of
home regulators as at end of latest available 3Q or 2Q 2022 using fully transitioned values for B4. ANZ ratios to 1 January 2026 include an RWA estimate to account for the Suncorp Bank acquisition. No adjustment for the Suncorp Bank acquisition is made in the latest reported
data.
10NC5, 5Y and 10Y Spread to Treasuries is the indicative spread in basis points over the traded yield of the active 5 and 10 Year Treasury respectively at which a USD Yankee placement by the relevant institution would price as at (1) 2 November 2022 for Australian Tier 2 and (2)
28 October 2022 for ROW
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