Dalymount you might get your wish and the EU might implode .Watch my mates in Deutcha Bank if trump banns imports from Germany their economy will crash so they cant defend their version of Anglo Bank and the whole lot crashes down around their ears .Bank worth 5.95 euro per share use to be 158.00 euro per share this is like cancer for Europe more dangerous than the virus .
LONDON/FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) will delay repayment on $1.25 billion of bonds when they become redeemable next month, a rare move in the industry that could pave the way for other lenders to follow suit in a market shaken by the coronavirus outbreak.
With the appetite for risky debt severely hit by recent market volatility, Germany’s biggest bank said on Wednesday it would hold on to $1.25 billion of so-called Additional Tier 1 (AT1) bonds rather than repay it.
AT1 bonds - more commonly known as a type of contingent convertible, or CoCo, bonds - are the most risky debt banks can issue. They are designed to be perpetual in nature, though banks can repay them after a specified period - in this case, Apr. 30.
It is usual for banks to repay them at the first opportunity rather than risk stoking speculation over their cash and solvency positions.
