Low trigger AT1s set for judgment day in new refi round

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Low trigger AT1s set for judgment day in new refi round

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3D illustration of a timeline on kraft paper with focus on 2019 and a blue thumbtack. Year two thousand nineteen | Olivier Le Moal/Olivier Le Moal - stock.adobe.com

Changing emphasis from national regulators could give European banks more incentive to refinance additional tier ones with low common equity tier one triggers in the next couple of years, according to analysts at research house CreditSights.

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