Crédit Agricole hints at enduring value of preferred senior
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Crédit Agricole hints at enduring value of preferred senior

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When Crédit Agricole looked long term for a new vanilla senior bond this week, it shed light on the future composition of bank funding structures. As central banks start to close the doors to their funding schemes, financial firms are going to want good access to the liquid markets for both preferred and non-preferred senior bonds alike.

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