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Roughly $17 Billion of Credit Suisse's Riskiest Bonds Are Set to Be Wiped out After the ... - Latest Tweet by Bloomberg

The latest Tweet by Bloomberg states, 'Roughly $17 billion of Credit Suisse's riskiest bonds are set to be wiped out after the UBS deal This dollar-denominated AT1 bond, quoted around 90 cents at the start of the month, is now trading at 3 cents on the dollar Latest updates: ...'

Roughly $17 Billion of Credit Suisse's Riskiest Bonds Are Set to Be Wiped out After the ... - Latest Tweet by Bloomberg

(The above story first appeared on LatestLY on Mar 20, 2023 03:23 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).