Four banks jump into MREL products on a manic Monday
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FIGSenior Debt

Four banks jump into MREL products on a manic Monday

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Financial institutions piled most of this week's debt supply into a busy Monday session, with BPCE, Crédit Agricole, Credit Suisse and KBC Group all launching senior deals for the minimum requirement for own funds and eligible liabilities (MREL) at the same time. All four lenders came close to fair value for their offerings.

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