Canadian TLAC issuance to ‘increase imminently’, says CreditSights

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Canadian TLAC issuance to ‘increase imminently’, says CreditSights

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Analysts at the research house CreditSights expect that Canadian banks could soon start issuing more senior bonds for their total loss-absorbing capacity requirements (TLAC), having held back from the market after taking care of their funding needs with older forms of senior debt.

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