Investors show thirst for AT1 in Barclays sterling sizzler
Barclays was met with hot demand for a new additional tier one trade in the undersupplied sterling market on Tuesday, with the trade quickly racking up more than £6bn ($7.35bn) in orders.
Investors have been hankering after AT1 bonds in 2017 as the risk profile of the relatively small asset class has recently shifted in favour of bondholders.Accounts had put more than £4bn of orders behind the £1.25bn perpetual non-call
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