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ANZ sells S$500m Basel 3 bonds

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AUSTRALIA and New Zealand Banking Group Limited has sold S$500 million Basel 3 Tier 2 bonds.

Singapore

AUSTRALIA and New Zealand Banking Group Limited has sold S$500 million Basel 3 Tier 2 bonds.

This is the first Basel 3 compliant T2 SGD bond for an Australian bank, said Clifford Lee, DBS Bank head of fixed income on Tuesday.

ANZ, DBS, HSBC and United Overseas Bank

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