MUFG grabs $5bn of TLAC after US FIG bonds rally
![A signboard of the Bank of Tokyo-Mitsubishi UFJ is seen on January 14, 2016 in Tokyo, Japan. Mitsubishi UFJ Financial Group Inc., Japans biggest bank, agreed to buy a 20 percent stake in Philippine lender Security Bank Corp. for the equivalent of $773 mil](https://assets.euromoneydigital.com/dims4/default/b2a7307/2147483647/strip/true/crop/4589x3059+0+0/resize/840x560!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fc0%2Fab%2Fc6aeb5dd49558902ca8afe8e1c09%2Ffbcmfm.jpg)
Issuance has slumped after massive January
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