Sydney, June 24, 2014 -- Moody's Investors Service, ("Moody's") has assigned a (P)A3 rating to the amended subordinated notes component of Australia and New Zealand Banking Group Limited's (ANZ, Aa2 stable, B-/a1 stable) existing USD60 billion Euro Medium-term Note Programme and the Australian Dollar Debt Issuance Programme. The provisional rating is positioned two notches below the a1 baseline credit assessment of ANZ.

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