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。

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

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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。

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.

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企业可转换债券既是企业市场价值的或有债权，又是利率及其期限结构的或有债权。

Convertible bond is the contingent claim not only of the firm value, but also of interest rate and its term structure.

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