Dutch FinMin: All bonds should participate in a haircut in a European bank rescue

Not exactly sure of the context of this statement. I imagine he is referring to bank-issued debt but I’ll do a bit more digging.

UPDATE: Dijsselbloem said that his government wants all bondholders to participate in bank bailouts, according to a Reuters article. In the past there have been disagreements over whether holders of senior debt would junior debt would have to participate…

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