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FIGRegulatory Capital

LuKB sells first index-eligible callable tier two in Swissies

Swiss_Adobe_575x375_09April20 flowertiare - stock.adobe.com

Luzerner Kantonalbank (LuKB) issued its first tier two bond in a decade this week, with the Sfr400m ($436m) deal expected to be index-eligible — a first for a Swiss franc callable tier two bond.

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