Moody’s upgrades ANZ’s Senior and Subordinated Debt Ratings

Australia and New Zealand Banking Group Limited
9/833 Collins Street Docklands Victoria 3008 Australia
ABN 11 005 357 522
News Release
For Release: 6 March 2024

Moody’s upgrades ANZ’s Senior
and Subordinated Debt Ratings

Moody’s Investors Service (Moody’s) today upgraded the following key debt ratings for
Australia and New Zealand Banking Group Limited (ANZBGL):

Rating To From
Senior Unsecured Debt Aa2 Aa3
Subordinated Debt A3 Baa1

Moody’s has reaffirmed ANZBGL’s ‘Stable’ outlook.

The upgrade of ANZBGL’s ratings resulted from the application of Moody’s Advanced Loss
Given Failure analysis to certain Australian banks, including ANZBGL, following the
publication of Moody’s updated banks methodology on 5 March 2024.

For a list of all of the ratings actions on ANZBGL, refer to Moody’s press release published
today titled “Rating Action: Moody’s takes rating actions on 11 Australian banks following
Banks methodology update”

For media enquiries contact:

Lachlan McNaughton
Head of Media Relations
+61 457 494 414


For analyst enquiries contact:

David Goode
Head of Debt Investor Relations
+61 410 495 399




Approved for distribution by ANZ Group’s Continuous Disclosure Committee