After the splurge, the purge as AT1 market waits for November
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After the splurge, the purge as AT1 market waits for November

AT1

Bankers are preparing for a rush of additional tier one deals in November, with many issuers expected to tap the market after what is predicted to be a tepid October for issuance. While blackouts and the asset quality review (AQR) will keep banks away from the market in the coming weeks, supply is set to come back strongly once the AQR is out of the way.

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