OREANDA-NEWS. Fitch Ratings has assigned Malayan Banking Berhad's (Maybank, A-/Negative/F2) CNY130m 4.00% senior fixed-rate notes due July 2019 a rating of 'A-'. The notes were issued under the bank's USD15bn multicurrency medium-term note programme.

KEY RATING DRIVERS

The notes are rated at the same level as Maybank's 'A-' Long-Term Issuer Default Rating (IDR) as they constitute direct, unconditional, unsubordinated and unsecured obligations of Maybank, and rank equally with all its other unsecured and unsubordinated obligations.

RATING SENSITIVITIES

The ratings on the notes are sensitive to changes in Maybank's Long-Term IDR, which is currently on Negative Outlook