Wealth and Asset Management
ZKB introduces cantonal bank bail-in senior to euro mart
Zuercher Kantonalbank utilised a made-to-measure legal framework to issue an inaugural euro-denominated bail-in senior bond on Thursday, gathering more than €785m of demand for the €500m six-year non-call five trade in a rare foray to the single currency market. ZKB, which is 100% owned by the Canton of Zurich, had…
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