Bail-in focus prompts search for new class of FIG sub debt
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Bail-in focus prompts search for new class of FIG sub debt

The implementation of bail-in may still be in its formative stages, but capital structurers are pressing ahead with ideas for a new class of debt which could sit above tier two, protecting senior bondholders from suffering losses by putting an extra tripwire in the capital structure, writes Will Caiger-Smith.

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