Dutch move to level AT1 playing field, but a vote could take all summer

dutch houses 230x
By Graham Bippart
12 Jun 2014

A proposal from the Dutch Finance Ministry may have opened up the market for additional tier one bonds from the country's banks that have been waiting for clarity on whether coupon payments on such instruments will be considered tax deductible.

The move is a bid to keep the playing field for Dutch banks level with those in the rest of Europe. And though the proposal must be voted on by the Dutch Parliament, something unlikely to happen before the Dutch Senate goes on ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial