The document discusses FX volatility in currency pairs like EURUSD, highlighting the low volatility and its implications for trading strategies. It also covers investment opportunities in European Bank ATI Hybrid Bonds, specifically focusing on the Nationwide (UK Building Society) 6.875% perpetual bond. The document suggests scaling into this bond due to its yield and potential call in 5 years.
doj/DataSet10/EFTA01453884.pdf
{"key_people":["Nav"],"document_type":"correspondence","key_locations":["UK","Europe"],"key_organizations":["Nationwide (UK Building Society)","BBVA","Fitch","S&P"],"reference_numbers":["IS1N X51043181269"]}