UBS Group AG’s hotly-anticipated sale of additional tier 1 bonds, its first since Credit Suisse roiled the market with a historic writedown, pulled in roughly 10 times the bids for the debt on offer.

The Swiss bank sold two dollar-denominated bonds on Wednesday for $3.5 billion in total, with combined orders of more than $36 billion, according to people familiar with the matter, who asked not to be identified because the information is private. A UBS representative confirmed that the bank was selling AT1s but declined to comment further.