China Everbright Sydney prints A$20 million tap to March 2025 FRN
- Tuesday, 02 May 2023
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The nature and likelihood of pre-failure external support for banks has been brought back into focus following an update to the methodology Moody’s Ratings uses to assess the Australian banking sector. Some banks do not believe the new analysis gives sufficient weight to the likelihood of external support before the point of failure – even for entities not deemed systemically important.