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FIGRegulatory Capital

Glarner Kantonalbank taps Swissies for tier two

Swiss_franc_AdobeStock_575x375_13Feb20

Glarner Kantonalbank dipped into the tier two market this week to raise an index eligible bond that may fund the redemption of the additional tier one (AT1) the bank rolled over in December due to coronavirus volatility. GLKB was joined on screens by a flurry of financial activity out of Chile.

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