This report provides a comprehensive navigator for financial capital markets, highlighting bond issuance trends and valuation views for subordinated and hybrid bank/insurance debt as of June 2026.
Key Takeaways
- 1.Subordinated bank bond spreads experienced volatility due to US-Iran negotiations, with AT1 spreads tightening and Tier 2 spreads remaining unchanged.
- 2.European banks have completed 51% of their Tier 2 and 92% of their AT1 supply forecasts for the year.
Table of Contents
- Highlighted research
- Highlighted education notes
- Current view on Financial capital
- Recent new issues
- RT1 bonds overview
- Hybrid bonds overview
- Dated Tier 2 bonds overview
Document Preview
Access the Full Report
Get unlimited access to institutional research reports with a 14-day free trial.
Authors
Elena GuglielminSebastian PetrichClaudia Sigl
Securities
Assicuraz GeneraliAllianz RT1
Themes
Bank Regulatory CapitalInsurance Hybrid Bonds
Regions
EuropeGlobalUnited StatesItalyAustralia