Moved to tiers: Spanish banks could reopen red hot AT1
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Moved to tiers: Spanish banks could reopen red hot AT1

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A number of financial institutions have distanced themselves from the primary market for additional tier one (AT1) bonds this week, but there is no doubting that the asset class has been on fire in 2017. It is only a matter of time before supply restarts, and Spanish banks will be first in line, writes Tyler Davies.

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