European regulators ‘unlikely’ to follow Australia’s lead over AT1 bonds: Fitch

The move by Australia to phase out the bonds may reflect the unusually high level of retail investor holdings of AT1 instruments in the country, Fitch Ratings said.

Fitch Ratings (Fitch) has said that it thinks it is “unlikely” that the European market will follow Australia in the near term over phasing out Additional Tier 1 (AT1) capital instruments, according to a note dated September 20.

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