DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister …
Read More »Bond buyers grab disappearing bank debt ahead of Canada bail-in
Bloomberg Bond investors are snapping up Canadian bank debt that’s likely to start disappearing under new government rules expected early this year to protect taxpayers from having to bail out a failing financial firm. About C$100 billion ($75 billion) in deposit notes outstanding — senior unsecured bank debt valued for its credit quality, liquidity, and widespread inclusion in portfolios …
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