ANZ Bank New Zealand's lending on mortgages rose more than 82%, or by $9.3 billion, to $99b in the latest year.
Move's gearing was 60% at June 30 with net debt of $57 million.
RBNZ survey of NZ banks finds appetite for home loans increased by 20% in the latest six months, but that won't last.
If a company decides against a pro rata capital raising then ends up with a high level of oversubscriptions, does it make sense to scale allocations based on existing holdings?