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Description: Royal Bank of Canada issued US$2.5 billion of senior bail-in bonds as Canadian banks dive into record issuance before the fiscal fourth quarter ends even as borrowing cost rise amid concerns of a looming global recession.

​Source: – video report

Date: Oct 20, 2022


Questions for discussion:

  • What does the report say about bank borrowing costs and the impact this will have on earnings?
  • Should investors be concerned?

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