English law MREL bonds: how much of a risk?

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English law MREL bonds: how much of a risk?

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The status of bonds used to meet banks’ minimum requirements for own funds and eligible liabilities (MREL) and issued under English law has become a hot topic in the face of Brexit uncertainty. But many in the market are sanguine about a solution being found and there are obstacles for investors seeking to speculate on the outcome.

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