A feature that is embedded in a contingent convertible bond (CoCo bond) whereby it would would convert to equity or...
It stands for loss-absorption mechanism trigger; a feature that is embedded in a contingent convertible bond (CoCo bond) whereby it...
It stands for additional tier-1 CoCo bond; a capital instrument that is subject to specific terms and conditions for eligibility...
It stands for principal write-down contingent convertible (CoCo); a contingent convertible in which the principal is written down (as a...
It stands for principal write-down contingent convertible (CoCo); a contingent convertible in which the principal is written down (as a...
A hybrid capital security that absorbs an issuing bank's losses when its capital falls below a certain threshold. Contingent convertible...
A hybrid capital security that absorbs an issuing bank's losses when its capital falls below a certain threshold. Contingent convertible...
A hybrid capital security that absorbs an issuing bank's losses when its capital falls below a certain threshold. Contingent convertible...
A trigger point that occurs when the capital ratio of a bank (issuer of CoCo bonds) falls below a specific...
The situation that arises when a regulator considers a bank to be no longer viable (point of non-viability, PONV), setting...
