Report
Carine Maciol

Bank : Update on MDA, L-MDA and M-MDA triggers

The full-year 2022 reporting season is drawing to a close. We are taking this opportunity to update the buffers of the three key triggers in the bond market, the MDA, L-MDA and M-MDA, for our sample of 30 European banks. - MDA buffers were broadly lower at the end of 2022, reflecting, as expected, shareholder return policies and regulatory developments. The dwindling level of regulatory capital needs to be offset by SNP/SP issuances to maintain adequate buffers to MREL requirement...
Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Carine Maciol

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