Downside risks return to the fore after resurgent primary phase for financial institution issuance

Bank+Insurance Hybrid Capital published its latest briefing on the impact of spreads and downside risks on financial institution issuance, with insights from Crédit Agricole CIB’s syndicate experts.

The first euro benchmark AT1 deals of the year have successfully hit the market amid a string of financial institution trades, as issuers have sought to take advantage of a recovery in sentiment to get ahead in funding plans. But with spreads having now largely recovered and downside risks imposing themselves, the tone may turn tougher.

In its latest article, Bank+Insurance Hybrid Capital’s Neil Day reports on the topic with insights from Crédit Agricole CIB’s Vincent Hoarau, Head of Financial Institutions Syndicate, and Daniel Kim, US Syndicate.

Read the article “Downside risks return to the fore after resurgent primary phase for FIG issuance”.

 

Bank+Insurance Hybrid Capital magazine was launched in 2014 as the first publication dedicated to this asset class. In association with Crédit Agricole CIB, the magazine provides regular updates on how the market is coping with the evolving environment.