CoCo

From ACT Wiki
Revision as of 14:36, 13 August 2016 by imported>Doug Williamson (Create the page. Sources: linked pages.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

Contingent convertible capital.

Hybrid capital securities that, through a conversion mechanism, provide additional capital available to absorb losses when the capital of the issuing institution falls below a certain level.


See also