ANZ Faces Regulator Probe on Australia Government Bond Sale.

ANZ Group Holdings Ltd. is under investigation by Australia's markets regulator, the Australian Securities and Investments Commission (ASIC), for its handling of a government bond sale. The investigation is focused on ANZ's role as a risk manager in the issuance of 10-year Treasury bonds by the Australian Office of Financial Management. ANZ has stated that it is cooperating fully with ASIC. The bank's stock fell slightly following the news. ANZ has been a major player in debt issuance in Australia, participating in 14 out of 26 bank-arranged deals since 2011. [Extracted from the article]