No blowout as yet, but Rabo tier two builds bail-in buffer
The tier two market proved it wasn’t shut for summer this week, as Rabobank snuck in with a €1bn 10 year bullet that got in and out quickly at a tight spread, helping to bolster the bank’s buffer of tier two capital to protect senior bondholders against bail-in.
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