After several weeks of slow primary markets in Australia, ANZ (AA/Aa1/AA) sold A$1.25 billion of fixed and floating rate five-year bonds in a real money-driven, unguaranteed transaction on November 5. The self-led deal is the bank's first five-year unguaranteed benchmark of 2009 and the first large domestic deal from a big four Australian bank since National Australia Bank (NAB)'s (AA/Aa1/AA) A$1.5 billion 2014 from September 9.