Barclays waits on ‘tactical’ Euroyen amid Brexit noise

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Barclays waits on ‘tactical’ Euroyen amid Brexit noise

Tyler Davies
March 14, 2019 06:00 PM
Barclays_PA_230x150_140319
General view of Barclays Bank's UK headquarters, in Canary Wharf, London. The bank is one of several rumoured to be planning a move to Frankfurt after the UK's decision to leave the European Union. PRESS ASSOCIATION Photo. Picture date: Wednesday November 23rd, 2016. Photo credit should read: Matt Crossick/PA Wire | Matt Crossick/PA Archive/PA Images

Barclays has prepared new issuance in Japan while it waits out this week’s Brexit drama. The yen market is proving popular among European banks, which are taking advantage of favourable conditions to make total loss-absorbing capacity (TLAC) issuance.

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Topics

JapanSenior DebtNortheast AsiaAsia PacificFIGAsia
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Tyler Davies
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