Banks reconsider AT1 chances as yields fall

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Banks reconsider AT1 chances as yields fall

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Coronavirus crisis (covid-19) crisis. The Mr Bricolage store opens again, during the confinement. The manager explains that customers can order on the internet and take their items to the outside queue in Strasbourg Northeastern France, on April 20, 2020. Photo by Nicolas Roses/ABACAPRESS.COM | Roses Nicolas/ABACA/ABACA/PA Images

Additional tier one capital (AT1) issuance has been conspicuous by its absence amid an incredible recovery in the bank finance market in recent weeks. Bankers now argue that new supply in the asset class could be just around the corner.

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