Hybrids in the news

Belgian Ageas Says BNP Paribas Bond Tender Offer Successful

Belgian insurer Ageas NV (AGN.BT) said Tuesday that a tender offer on some bonds linked to the company's legacy from former financial giant Fortis closed successfully on Monday.

Bank Of Italy Executive: Need More Synergy Between ECB, EBA, EFSF

The Italian banking system is solid and its strains due to high sovereign borrowing costs underscore the need for more synergy between various European Union institutions, the deputy governor of the Bank of Italy said Tuesday.

Writing on the wall for bank hybrids

The risks hybrid holders face can be broken down into three main categories. The first is capital risk or the chance that you will lose all your money. The second is income risk or the chance that you will not see any of the distributions due to you. The third is call risk or the chance that the term of the security is extended beyond what you anticipated.

RWE to sell $2.3 billion in hybrid debt in 2012

Ageas Climbs as BNP Offer for CASHES Cuts Risks, Volatility

Tough bank capital rules ‘must not be weakened'

Countries should not be allowed to set tougher rules for bank capital requirements than those agreed at EU level, according to the European Parliament's draft report on the issue.

The Real EBA Deadline May Be March

The deadline for European banks to announce how they plan to comply with stronger capital ratios required by the European Banking Authority is Friday, but Banca Monte dei Paschi di Siena and Banco Popolare, Italy’s No. 3 and 4 lenders by domestic assets, both say they will not sell new equity to comply with shortfalls.

EFG Investors Back Swapping a Third of Certificates for Bonds

Asia’s Sifi aspiration

Some banks in Asia are actively seeking to attain Sifi status as they believe it will bring a global prestige and cheaper cost of funding

Banco do Brasil’s nifty perpetual bond

Contingent capital solutions mooted for CCPs

Banco do Brasil's Perpetual Bond To Enable More Loans

Banco do Brasil plans perpetual bond sale

The securities encompass a loss-absorption clause in line with Basel III capital rules, the first of its kind among Latin American banks

Europe doesn’t believe its own rhetoric

Yields on BofA Trust Preferreds Tempt Investors