AT1 bonds

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AT1 bonds are now seen as high-reward bet on interest rate cuts

The risky bank debt “could outperform all credit peers in 2024,” say the strategists at Bloomberg Intelligence.
Briefs: Global trade slows in blow to Maersk, Credit Suisse AT1 holders in Asia add to claims over wipeout - THE EDGE SINGAPORE

Global Economy

Briefs: Global trade slows in blow to Maersk, Credit Suisse AT1 holders in Asia add to claims over wipeout

Quoteworthy: "There is a sense that we’re much closer to the end of this than to the beginning" - Jerome Powell

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BNM: AT1 bonds issued by Malaysian banks rank higher than equities

“It is [more] senior [than equities]. Our banks do not rely on AT1 for capital": BNM governor Tan Sri Nor Shamsiah Mohd Yunus.
The Credit Suisse AT1 bond crisis – 5 things investors need to know  - THE EDGE SINGAPORE

Credit Suisse crisis

The Credit Suisse AT1 bond crisis – 5 things investors need to know

The domino effect from SVB has led to this controversial and arguably unforeseen decision to pervert the usual course of priority
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