Australia and New Zealand Banking Group Aktie
WKN: 871495 / ISIN: US0525283042
10.03.2015 01:45:00
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ASB Bank Limited -- Moody's says New Zealand banks' Basel III issuance likely to continue, answers frequently asked questions
Sydney, March 10, 2015 -- Moody's Investors Service expects New Zealand banks to issue more Basel III-compliant securities as the phase-out of legacy Basel II securities continues. But the rating agency notes that Basel III securities are riskier for investors as they contain terms that could impose losses on creditors at the point of non-viability (PONV) as determined by the regulator.