AT1 market set for second busiest year on record

By Tyler Davies
26 Oct 2020

Additional tier one supply has already surpassed expectations in 2020, with the asset class on course for its second busiest year of all time.

Year-to-date sales volumes hit €28.9bn equivalent this month, across all currencies. 

Banks have only sold more AT1s in a single year in 2019, when they raised €34.9bn in the format. Annual issuance has been lower than €28bn in every other year since the modern version of the ...

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