Nordea plumps bail-in buffers as it moves to Finland

Nordea issued the first of a new wave of loss-absorbing debt in the second quarter in anticipation of shifting bail-in buffer requirements when it moves to Finland from Sweden later this year.

The Nordic bank sold so-called senior non-preferred debt – bonds that can be used to mop up losses if a bank runs into trouble – for the first time in June, in two issues: a €1 billion five-year fixed rate senior non-preferred bond, and a Skr3 billion five-year, dual tranche fixed and floating rate bond.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here