ICBC dives into Basel III PONV price mystery
Industrial and Commercial Bank of China (Asia) launched the region’s first Basel III-compliant tier two bond in US dollars this week, and bankers are hoping the deal will act as a benchmark for calculating premiums on bonds with contentious features that could trigger investor losses.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts