Danes bring out last minute senior deals ahead of MREL phase-in

By Jasper Cox
23 Nov 2017

Jyske Bank followed Danske Bank into the euro market for senior unsecured debt this week. But the product could soon become a rare sight in Denmark.

Jyske Bank priced €500m of five year senior notes at 30bp over three month Euribor on Thursday, after Danske Bank issued €750m of senior notes at 14bp over mid-swaps earlier in the week.

But senior issuance could become much rarer in Denmark from next year, as the country’s ...

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