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...
An event that triggers a regulated institution's seizure or resolution by a regulatory body. This follows a situation where an...
An action that is triggered by a credit downgrade, i.e., a reduction of, or negative change in, credit rating of...
With respect to subprime deals, it a trigger that determines the collateral tests. It is one of the specific features…
An option that pays the seller an enlarged or enhanced premium on the condition that the seller refunds the premium…