AT1 market set for second busiest year on record

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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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