Basler Kantonalbank to Call 2020 AT1 Bond as Strong Capital Base Enables CET1 Replacement
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Basler Kantonalbank will redeem its 2020 subordinated Additional Tier 1 bond on March 17, 2026, after receiving approval from FINMA. The CHF 100 million bond will be repaid at par value plus accrued interest, supported by a strong capital base and a total capital ratio above regulatory targets. This move allows the bank to replace AT1 capital with CET1 capital, indicating solid capitalization and confidence in its balance sheet ahead of the 2025 annual financial statements.
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