New rules at banks to raise up in Debt or other securities

The plan, drawn up by the Financial Stability Board in Basel, Switzerland, is meant to ensure that the world's biggest lenders maintain sizable financial cushions that can absorb losses as a bank is failing, without threatening a crisis in the broader banking system.

Under the plan, large lenders will have until Jan. 2019 to hold a financial cushion of at least 16% of their risk-weighted assets in equity and debt that can be written off. The minimum total loss absorption capacity, or TLAC, requirement will gradually increase, reaching 18% of assets weighted by risk by Jan.2022.

For 18%, banks have to raise as much as $ 1.2 trillion...!

It means possible increase of issuance by global banks' debt, or bonds...