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

Source: ANZ statements

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”