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Issues of unsecured debt, CDs pick up steam at US G-Sibs

Senior unsecured debt amounts outstanding climb 31% on Q4 2014; CDs 45.5%

Systemically important US banks have altered their funding structures since end-2014, with issuances of senior unsecured debt, certificates of deposit (CDs) and preferred shares far outpacing those for other types of security.

Total securities outstanding across the eight US global systemically important banks (G-Sibs) stood at $3.4 trillion in carrying value at end-June, up 14.6% on end-2014 and

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