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GC Asia
Additional tier one: pricing in the dark
How much should you get paid to hold a deeply subordinated chunk of hybrid bank capital with idiosyncratic structural features from, sometimes, darkly storied credits?
Pin the tail on the donkey, how long is a piece of string, shooting in the dark — choose your favourite cliché but they all fit.
Additional tier one capital, willed into being by Basel III, is one of the most important capital market products of 2014. Most ...Already a subscriber? Login
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Latest news from Comment
-
Boasting ESG rankings on conventional deals is good business
13 Apr 2021 -
Being green no longer enough in battle to attract equity capital
13 Apr 2021 -
Another crunch decision for Turkey's central bank
13 Apr 2021 -
Crisis Suisse and opportunity
09 Apr 2021 -
Where there’s a will there’s an SLB
08 Apr 2021
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