On 4 March, MUFG Bank Sydney Branch (MUFG Sydney) (A/A1) began taking indications of interest for a potential three-year transferrable certificate of deposit, with indicative price guidance of 91 basis points area over swap benchmarks. The deal is expected to launch in the near future with Commonwealth Bank of Australia, MUFG Securities, Morgan Stanley, National Australia Bank and Westpac Institutional Bank as joint bookrunners.
