Top Section/Ad
Top Section/Ad
Most recent
Investors saw plenty of juice in first public AT1 from Chile as regulatory framework draws praise
Mexican lender falls short of bond size target as late 2023 momentum fades
◆ US RMBS sales in Europe: immigration or vacation? ◆ UBS AT1 makes nonsense of claims of investor fears ◆ The EU's last hurrah in the SSA market
◆ IG investors comfort eat sweet spreads ◆ What can FIG issuers do now? ◆ US HEI securitizations: mainstream or flash in pan?
More articles/Ad
More articles/Ad
More articles
-
Bank of Ireland has launched a tender for RMBS notes from Kildare Securities and Brunel No 1, as the Irish lender will not be calling either deal at step-up in March and April 2012. It will buy up €1bn of the €3.16bn outstanding.
-
Austria has laid out plans to fast-track CRD IV capital rules for its largest banks, saying they must hold 7% capital by 2013 and additional capital buffers of up to 3% from 2016. Bank Austria, Erste Bank, and RZB Group are the only three institutions to be captured by the rules.
-
The European Commission has given Spain six months to put forward a restructuring plan for Banco de Valencia, after the country took over the bank and offered it €3bn of aid on Monday.
-
Raiffeisen Switzerland launched its inaugural old-style lower tier two note on Tuesday morning — a Sfr150m 10 year bullet rated A2 by Moody’s with an indicative spread of 250bp over mid-swaps and a 3.875% coupon.
-
A draft of a common term sheet on contingent capital instruments has been shown to some market participants, but the final details on the new instrument are yet to be agreed, EuroWeek Bank Finance understands.
-
Raiffeisen Switzerland was soft sounding a 10 year old-style lower tier two note on Monday morning. Meanwhile, St Galler Kantonalbank raised lower tier two capital via a Sfr100m 2% 2019 bullet on Friday last week. Swiss banks are rushing to issue old-style lower tier two notes after Swiss regulator Finma announced that the instruments will not count as eligible capital after the end of this year.