HONG KONG (Apr 14): Malayan Banking Berhad is soft-sounding investors for its debut offering of Samurai bonds, having first tested the Japan market with Pro-bonds last year.

Maybank is offering around 17bp over yen offer-side swaps for the three-year fixed and around 22bp over swaps for the five-year notes.

The leads are also testing appetite for fixed-rate paper of seven and 10 years, as well as floating-rate notes of a three and five years.

Pricing is expecting as early as April 23.

Daiwa, HSBC and SMBC Nikko are the joint leads.