Belfius goes ‘embarrassingly’ tight for debut AT1

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Belfius goes ‘embarrassingly’ tight for debut AT1

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Self banking | Banque en ligne 30/09/2017 | Patrick Lefevre/PA Images

Belfius tapped into the hefty imbalance between supply and demand in the market for additional tier one (AT1) bonds on Thursday, ratcheting down the pricing to achieve the second lowest coupon for the instrument ever in euros.

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