A contractual fallback that was set out in the LIBOR wording for the purpose of triggering a switch to the...
A contractual fallback that was set out in the LIBOR wording for the purpose of triggering a switch to the...
In fallback documentation, it is an event that would activate the fallback provision (incorporated into a contract or arrangement in...
In fallback documentation, a trigger is an event that would activate the fallback provision (incorporated into a contract or arrangement...
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...
A trigger point that occurs when the capital ratio of a bank (issuer of CoCo bonds) falls below a specific...
A trigger that marks the situation when and where the common equity tier 1 ratio (CET1) of a bank or...
It stands for contingent convertible trigger, a trigger in a contingent convertible (CoCo) the breach of which forces a CoCo...
An event that triggers a regulated institution's seizure or resolution by a regulatory body. This follows a situation where an...