Arguably both these approaches are less fiddly than CoCo bonds.

虽然有争议，但是这些方式都没有可转换债券的要求高。

youdao

Switzerland has already chosen one version of this approach by forcing its two big banks to issue new contingent convertible (CoCo) bonds.

瑞士已经采取了类似的做法，规定其两家大银行发行新的或有可转换（CoCo）债券。

youdao

Switzerland has already chosen one version of this approach by forcing its two big Banks to issue new contingent convertible (" CoCo ") bonds that turn into equity if necessary.

瑞士已经采取了类似的做法，规定其最大的两家银行发行新的或有可转换(CoCo)债券，能够在必要时转换为股权。

youdao