Brexit premium rises for UK banks as Tories pick new PM

Tyler Davies

July 17, 2019 01:15 pm

Boris_Johnson_Jeremy_Hunt_PA_230x150 — File photo dated 27/06/12 of the then Culture Media and Sport Secretary Jeremy Hunt (left) with the then Mayor of London Mayor Boris Johnson and Lord Coe (right) as Hunt and Johnson will go head to head in the Conservative party leadership race. | Stefan Rousseau/PA Wire/PA Images

Investors have been discounting UK bank bonds in the secondary market in recent weeks, as it becomes increasingly unclear how a change of prime minister will affect the country’s approach to leaving the EU.

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Topics

Bank Capital Senior Debt Lloyds Bank UK Europe EMEA FIG Covered Bonds

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Tyler Davies