SocGen eyes RMB to boost T2 buffers and cut cost
Société Générale hopes to save funding cost by turning to the offshore renminbi (CNH) bond market to shore up its Basel III tier two capital adequacy ratio, opening books for a 10 year non call five year trade on May 26.
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