ANZ Capital Summary and Key Financials
SUMMARY TERMS (CONT.)
Feature
Interest payments
Issue Margin
Interest rate
Minimum
application amount
Brokerage
Description
Quarterly
The Issue Margin will be announced by ANZ via NZX on the Rate Set Date.
The Issue Margin for the Subordinated Notes will not change once set
The interest rate until the first
Optional Redemption Date will be
a fixed rate:
• sum of the Swap Rate and the
Issue Margin
.
announced on or about the
Rate Set Date
The interest rate for subsequent interest
periods will be a floating rate:
sum of the 3 Month Bank Bill Rate plus
the Issue Margin
if the sum is less than 0% per annum,
the floating rate will be deemed to be
0% per annum
announced on or about the first
Business Day of each interest period
NZ$5,000 and in multiples of NZ$1,000 thereafter
0.50% on firm allocations plus 0.50% brokerage, payable by ANZ
For more information, please refer to the Limited Disclosure Document
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