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macduffy
15-03-2018, 03:40 PM
ANZ to redeem these bonds on 18 April. It suits me - I have other uses for the cash.

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/NZXR/315585/276278.pdf

Later: Just noticed that kiwitrev noted this in another thread on 22 February.

:blush:

kiwitrev
21-03-2018, 01:27 PM
ANZ to redeem these bonds on 18 April. It suits me - I have other uses for the cash.

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/NZXR/315585/276278.pdf

Later: Just noticed that kiwitrev noted this in another thread on 22 February.

:blush:

Hi Mac
No one responded to my post re ANBHB. Do you have an opinion whether ANZ will follow the ANBHA example and call ANBHB in May 2020?
Cheers

macduffy
21-03-2018, 03:18 PM
Hi Mac
No one responded to my post re ANBHB. Do you have an opinion whether ANZ will follow the ANBHA example and call ANBHB in May 2020?
Cheers

The ANBHA have a coupon of 5.28%, the ANBHB's is 7.2%. I'd be very surprised if ANZ didn't call the latter at the first available call date!

kiwitrev
26-03-2018, 11:37 AM
That's how I read it. How long will it be until gloss comes off the trading premium for holders?

QOH
11-04-2018, 07:32 PM
Yes its hard to see them not calling in the ANBHBs, pity enjoying the interest on them