Nordea trade breaks record but some AT1 stalwarts see ‘no reason’ to buy
Nordea’s blowout additional tier one (AT1) offering on Tuesday took the instrument into unchartered waters in terms of pricing — beyond where some regular AT1 investors were willing to go. In covered bonds, supply-demand dynamics continue to favour issuers.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: