April 2 (Reuters) - ANZ Bank New Zealand Ltd :
* RBNZ INFORMS THAT LOCAL BANKS CANNOT PAY DIVIDENDS ON ORDINARY SHARES & SHOULD NOT REDEEM CAPITAL NOTES AT THIS TIME
* ACCORDINGLY CO NOT ALLOWED TO REDEEM NZ$500 MILLION MANDATORY CONVERTIBLE PERPETUAL SUBORDINATED SECURITIES (CAPITAL NOTES)
* DECISION DOES NOT AFFECT ANB'S ABILITY TO PAY INTEREST ON CAPITAL NOTES