Legal & General debuts in RT1 with bumper books
piter2121 - stock.adobe.com
Legal & General’s order books peaked at over £4bn ($4.96bn) as it made its first sale of restricted tier one (RT1) capital this week, joining many of its UK peers in the asset class. The insurer used the popularity of its trade to tighten the pricing and leave no new issue premium behind.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: