Rabobank reopens quiet euro AT1 mart

By Frank Jackman
13 Apr 2021

Rabobank sold the first euro additional tier one (AT1) bond in almost six weeks on Tuesday, landing the deal at a record low coupon in euros for the format.

At 3.1%, the deal shaved 0.125% off the previous record low from Rabo's own outing in September 2019.

"The lack of supply helped the bank see strong demand despite the historically low coupon that the bond offered," said one financial analyst.

No firm has sold an AT1 in euros since ...

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