bearish

Bank of Communications: Recent AT1 Is Fully Priced; Look Elsewhere for Value

193 Views23 Nov 2020 18:29
Bank of Communications' recently issued Additional Tier 1 bond appears fully priced. We see little upside despite moderate exposure to typically problematic exposures. We see better value elsewhere.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 4-minute read)
Discussions
(Paid Plans Only)
chart-bar
x