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...
A trigger point that occurs when the capital ratio of a bank (issuer of CoCo bonds) falls below a specific...
A mechanism which is developed to automate the end-to-end processing of transacting in financial instruments, replacing the conventional T+3 trading…
The interest that is calculated only on the principal amount or on a portion of the principal that is still…
A debt that takes priority over other classes of debt such as unsecured or “junior” debt owed by the issuer.…
A real-time promotion which is initiated on the request of the client/customer. Such a promotion, in some jurisdictions like the…
It stands for systemically important bank; a bank (or a banking institution) that is identified by a regulatory authority as...
A bank (or a banking institution) that is identified by a regulatory authority as potentially important within the financial sector...