Australian dollar TLAC market continues to evolve with Crédit Agricole deal
- Friday, 07 July 2017
The latest total loss-absorbing capacity (TLAC)-compliant deal denominated in Australian dollars to come to market attracted incrementally more domestic demand than its closest comparison transaction, leads say. When – and even whether – this type of issuance will migrate to Kangaroo documentation remains an open question, however.
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