LBP endorses ‘decimalisation’ of AT1 market after tight debut print

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LBP endorses ‘decimalisation’ of AT1 market after tight debut print

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D7RPT9 One cent euro coins | Alamy Stock Photo

La Banque Postale has suggested that issuers of additional tier one (AT1) capital should drop the tradition of making large pricing steps in the euro market, after setting a very low coupon for its debut in the asset class this week.

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