Banks enjoy tight pricing for capital in ‘momentum market’

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Banks enjoy tight pricing for capital in ‘momentum market’

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Customers wait in line next to a sign reading "shop's entry" as Ikea shop reopens on May 25, 2020 in Lomme near Lille, after a partial lifting of restrictions due to the Covid-19 pandemic caused by the novel coronavirus came into effect. Photo by Julie Sebadelha/ABACAPRESS.COM | Sebadelha Julie/ABACA/ABACA/PA Images

Commerzbank and Crédit Agricole this week showed that banks do not have to pay big premiums for subordinated paper, with investors regaining their appetite for risk during the coronavirus pandemic.

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