Kingfisher ANZ Banking Group - one of Australia's "big four" banks - became the second of the country's banks this year to make its debut in the global mortgage-backed securities, the first having been National Australia Bank.

ANZ came to market with a $1 billion deal led by Salomon Smith Barney. The transaction, through the Kingfisher 2001-1G vehicle, consisted of Class-A notes rated triple-A by Standard & Poor's, Moody's Investors Service and Fitch, with a weighted average life of 3.21 years and paying a coupon of 18 basis points over three-month Libor.

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