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The Bank Japan Meeting Wraps Up on Friday April 28th
Mufg has since said that they will, you know, resume issuance of AT1s in May. So if we're reading from the, like, the BOJ view perspective, SMFG is taking action now, Mufg is waiting until after BOJ and they may or may not be related to one another. Or the connecting tissue might be that they all have a view that things are about to change in Japan in terms of monetary policy and change soon. Next week will be a major, major week for global macro, not just for Japan,. The bank Japan meeting will wrap up on Friday April 28th with the first BOJ meeting to take place under a brand new bank