The Impact of Contingent Convertible Bonds Issuance on Profitability in the European Banking Sector
Contingent Convertible Bonds (CoCos) are a form of hybrid debt securities that have been proposed as a way of enhancing stability in the banking sector. Given they mandatorily convert from debt to equity when the issuing bank is in need of recapitalization, they have been lauded for reducing the...
| Main Author: | |
|---|---|
| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2017
|
| Online Access: | https://eprints.nottingham.ac.uk/45362/ |