On 21 August, MUFG Bank Sydney Branch (MUFG Sydney) (A/A1) launched a new, three-year domestic deal to come in either or both fixed- and floating-rate formats, with indicative price guidance of 72 basis points area over swap benchmarks. Pricing is expected as early as the day of launch, according to lead managers ANZ, MUFG Securities, Morgan Stanley, National Australia Bank and Westpac Institutional Bank.