Maturity profiles shrivel in bank MTN binge

13 Nov 2009

Banks whose maturity profiles have been shortening in recent years should take action now and issue longer dated debt to avoid refinancing risks, said Moody’s in a report this week.

The report highlights how the average maturity on bank debt issuance has fallen from 7.2 years to 4.7 years over the last five years, the shortest average maturity for new debt at any point during the 30 years of bank funding history covered by Moody’s analysis.

"One of ...

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