EBA gives comfort over ‘continuous’ call options

EU_rules_pen_book_575x375_PA_070920
By Tyler Davies
07 Sep 2020

The European Banking Authority has confirmed that there are no major legal obstacles preventing issuers from using six month call periods for their regulatory debt instruments.

The EBA set out its position in a new question and answer (Q&A) section on its website late last week. 

It said there was nothing in the Capital Requirements Regulation (CRR II) that would create direct complications for “continuous” call options. 

The response will likely encourage ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial