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。
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。
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。
On top of this they will have to carry another nine percentage points' worth of contingent-capital, or "CoCo", bonds that convert into equity if core-capital ratios fall too far.
除此之外,他们还不得不持有另外的占到核心资本数量的9%的后备资金,或者说“可转换债券”,即,如果核心资本率下降过快,这些债券可以转换成股票。
On top of this they will have to carry another nine percentage points’ worth of contingent-capital, or “CoCo”, bonds that convert into equity if core-capital ratios fall too far.
除此之外,他们还不得不持有另外的占到核心资本数量的9%的后备资金,或者说“可转换债券”,即,如果核心资本率下降过快,这些债券可以转换成股票。
On top of this they will have to carry another nine percentage points’ worth of contingent-capital, or “CoCo”, bonds that convert into equity if core-capital ratios fall too far.
除此之外,他们还不得不持有另外的占到核心资本数量的9%的后备资金,或者说“可转换债券”,即,如果核心资本率下降过快,这些债券可以转换成股票。
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