The EBA’s insistence that only the purest capital should be counted—ie, stripping out newfangled hybrid securities and other quasi-equity instruments—was useful, too.

EBA的主张，即仅净资产才应纳入计算范围，如除去最新的混合债券和其他的准股权工具等，也是有可取之处。

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Tier 1 capital includes common and preferred stock, cash reserves and certain other long-term "hybrid" securities.

一级资本比率包括包括普通股和优选股，现金储备，以及其他长期混合型证券。

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Hybrid securities, designed to produce a steady return along with reduced volatility.

FORBES: Dow Jones Interactive

The Collins amendment will make banks replace a commonly accepted form of hybrid capital called trust preferred securities with common stock or other securities.

FORBES: Dodd-Frank Bill Complete, Bankers React