Demand for the securities, which Royal Bank of Scotland Group Plc - TopicsExpress

Demand for the securities, which Royal Bank of Scotland Group Plc says pay as much as 3 percentage points more yield than senior debt, was boosted after European Central Bank President Mario Draghi pledged to keep interest rates at a record low for an “extended period.” The junior notes typically allow companies to borrow without damaging credit grades because ratings firms count 50 percent of the bonds as equity, reducing their assessment of an issuer’s indebtedness.

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