On July 12 ANZ Banking Group (ANZ) (AA/Aa2) completed a buyback of A$495 million (US$525 million) of outstanding floating rate government-guaranteed notes. The offer was for up to A$1 billion outstanding in a June 2012 maturity, which was introduced at a size of A$800 million in January 2009 and subsequently tapped by a further A$200 million two months later.