Book Haul is Back! 50% Off Hundreds of Hardcovers And More Deals Shop Now In Stores & OnlineBook Haul is Back! 50% Off Hundreds of Hardcovers And More Deals Shop Now In Stores & Online
Add Item to wish listAdd Item to wish list
Read sample

CONTINGENT CONVERTIBLES [COCOS]: A POTENT INSTRUMENT FOR FINANCIAL REFORM

By George M von Furstenberg
Hardcover
$52.00
(
$104.00
)Save 50%
By George M von Furstenberg
Formats
See All Formats & Editions
In stock
This item is currently out of stock online.
Free standard shipping on orders over $60
Select a store to view item availability.
Contingent Convertibles (CoCos) represent debt that is subject to being converted automatically into common equity under pre-specified terms of conversion if the chosen regulatory capital ratio falls to a level triggering conversion. CoCos are that subspecies of contingent capital that references regulatory (Basel III) concepts in its triggers. From 2014, trigger points are set by common equity (Common Equity Tier 1 [CET1]) in percent of risk-weighted assets [RWA] or of more complicated mea...

Categories

BusinessProfessional Finance & InvestingSecuritiesBonds & Debt Instruments