MUFG picks MTNs to make euro TLAC debut

Lewis McLellan

January 26, 2017 07:00 pm

MUFG AP 230 — File - In this Feb. 6, 2009 file photo, businessmen walk by the Mitsubishi UFJ Financial Group headquarters in Tokyo, Japan. Mitsubishi UFJ Financial Group Inc. said Tuesday, March 30, 2010, it has reached a final agreement with Morgan Stanley to merge brokerage operations in Japan.(AP Photo/Itsuo Inouye, File) | Itsuo Inouye/ASSOCIATED PRESS

MUFG this week issued its first euro denominated holdco bond from an MTN programme set up for the purpose, as it bids to diversify its sources of total loss-absorbing capacity (TLAC) eligible funding.

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Lewis McLellan