All material subject to strictly enforced copyright laws. © 2021 Euromoney Institutional Investor PLC group
FIG

EBA pours cold water on step-ups in bank SLBs

Steps_blocked_Alamy_575x375_240621

The European Banking Authority has reiterated its cautious stance on sustainability-linked bonds (SLBs), arguing that coupon step-ups should generally be reserved for "incentives to redeem" under the rules for capital instruments and regulatory senior notes.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree