CORRECTED-ANZ to raise home loan rate by 25 bps, matching c.bank move

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Corrects to 25 bps, from 0.25 bps, in headline) Feb 7 (Reuters) - Australia and New Zealand Banking Group said on Tuesday it would raise its Australian variable home loan rates by 25 basis points (bps), passing on the central bank's latest interest rate hike in full to its customers. The new home loan rate will be effective from Feb. 17, ANZ said. (Reporting by Himanshi Akhand in Bengaluru; Editing by Rashmi Aich)

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