Dollar tier two run continues as Erste finishes roadshow

20 Sep 2012

After another busy week for dollar denominated tier two supply, with Alfa Bank, Citic Bank and Nordea issuing, the run of deals is set to continue as Erste Group wraps up its roadshow.

Raiffeisen Bank International is also thought to be considering a tier two issue, having met accounts in Hong Kong and Singapore earlier in September.

Bankers expect financial institutions to continue selling tier two bonds in the coming months. Many banks now have the regulatory certainty needed to issue ...

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