AT1 Bonds – Relval, Issuance, Buffers, Focus Names: BI Replay
What will performance for European bank AT1s look like, after generating modestly negative excess returns year-to-date? Carry remains attractive but scope for further widening vs. T2 is possible, given tight valuations and a fragile market backdrop due to the Iran war and broader market concerns. What about AT1 technicals and credit fundamentals? Please join our BI credit analysts Jeroen Julius, Ruben Benavides and Tolu Alamutu on Thursday March 26, 3pm UK, for a webinar on these and related AT1 questions.