Malaysia asking Japanese banks for Samurai bond proposals


Malaysia invited Daiwa Securities Group Inc., Mitsubishi UFJ Financial Group Inc., Mizuho Financial Group Inc., Nomura Holdings Inc. and Sumitomo Mitsui Financial Group Inc. to present proposals.

KUALA LUMPUR: Malaysia has asked banks to submit pitches to help with a potential Samurai bond sale, less than a year after selling its first yen-denominated debt in three decades, according to people with knowledge of the matter.

It invited Daiwa Securities Group Inc., Mitsubishi UFJ Financial Group Inc., Mizuho Financial Group Inc., Nomura Holdings Inc. and Sumitomo Mitsui Financial Group Inc. to present proposals in a so-called beauty parade in October, said the people, asking not to be named as the information is private.

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