Swedbank retires sub debt, focus on core tier one
Swedbank said on Thursday that it will retire up to Skr3bn (Eu297m) of 10 tier two bonds totalling Skr14bn and has no plans to issue the product again in another sign of the declining importance of subordinated debt to banks’ capital ratios.
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