The $102 billion market shuttered in mid-January as investors dumped holdings amid concern about bank earnings and the possibility that low capital levels would prompt regulators to prevent coupon payments. the European Central Bank's is marketing subordinated bonds for the first sale of UBS debt in Europe since January ; it will sell so-called additional Tier two notes, which are the first to take losses in a crisis, to yield about 7% . This move follows the European Central Bank's announcement January to pay banks to borrow, and the riskiest bank suggestion of giving "particular attention" to investors in the debt.
the European Central Bank's is marketing subordinated bonds for the first sale of UBS debt in Europe since January ; it will sell so-called additional Tier two notes, which are the first to take losses in a crisis, to yield about 7% . This move follows the European Central Bank's announcement January to pay banks to borrow, and the riskiest bank suggestion of giving "particular attention" to investors in the debt.