Why China faces more TLAC challenges than Japan

                        Huge issuance requirements combined with a small international investor base pose unique challenges for China’s big four banks as they gear up to raise billions of dollars of capital.

                        China’s forthcoming implementation of Total Loss Absorbing Capacity TLAC rules is shaping up to be one of the biggest developments the international bond markets will witness this decade and for the central government, potentially one of its greatest going global’ tests.

                        At issue is how the country’s big four banks will be able to raise all the capital they need, given that China’s domestic bond market remains too shallow to absorb it all. The quartet has also not cultivated a deep international investor base to compensate.

                        The net result may be wider pricing and an issuance shock, unless the government ups the regulatory incentives.

                        ...

                        ? Haymarket Media Limited. All rights reserved.

                        FinanceAsia has updated its subscription model.

                        Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

                        To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

                        To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

                        Article limit is reached.

                        Hello! You have used up all of your free articles on FinanceAsia.

                        To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

                        湖北30选5开奖洋情