Liability management in vogue as banks face upcoming calls
Financial institutions are turning to liability management to avoid having to retire their issues at the upcoming call dates. Bank of Ireland and Bilbao Bizkaia Kutza (BBK) are the two latest banks to have announced exchanges of their outstanding lower tier two for new debt.
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