Bloomberg reports that the bank raised 143.4 billion yen ($1.8 billion) from the sale, which was the first since the recent Japanese earthquake.
Its unit HSBC Bank offloaded 108.2 billion yen of five-year, 0.91 per cent bonds that were priced to yield 31 basis points greater than the yen swap rate.
The company also sold 35.2 billion yen of floating-rate notes - an amount that paid 46 basis points over the three-month London interbank offered rate, the news agency calculated.
Ryosuke Kaneko, credit analyst for Mizuho Securities Company, said: "The deal confirmed Japanese investors' expectation that Samurai borrowers would return to the market."
HSBC recently revealed it is planning considerable cost reductions - between $2.5 billion and $3.5 billion - as it gears up for the introduction of stricter capital rules.
By Tony Aynsley