CoCo news

Marbella | Goirigolzarri: “I came to ascertain responsibilities”

you@yourdomain.com (Administrator) — Sat, 26 May 2012 18:26:56 +0000

... of Bankia, which relieved on 7 May Rato.Thus, the rescue of Bankia not take place or by borrowing from the bank bailout fund (FROB) or by contingent convertible bonds (called cocci), but through capital: money into a vein.

Marbella | Goirigolzarri: “I came to ascertain responsibilities”

you@yourdomain.com (Administrator) — Sat, 26 May 2012 13:27:14 +0000

Marbella | Goirigolzarri: “I came to ascertain responsibilities”

you@yourdomain.com (Administrator) — Sat, 26 May 2012 08:27:47 +0000

The capital monster strikes

you@yourdomain.com (Administrator) — Fri, 25 May 2012 15:56:24 +0000

This means contingent convertible loans with terms of five years and a 10 per cent interest rate. FROB issues state-guaranteed debt to finance its injections. So how much might be in the issuance pipeline for the Bankia op?

The capital monster strikes - FT Alphaville (blog)

you@yourdomain.com (Administrator) — Fri, 25 May 2012 11:59:18 +0000

The capital monster strikes
FT Alphaville (blog)
This means contingent convertible loans with terms of five years and a 10 per cent interest rate. FROB issues state-guaranteed debt to finance its injections. So how much might be in the issuance pipeline for the Bankia op? As Nomura's analysts wrote ...

Monte Paschi gets two offers for Biverbanca sale-source ...

you@yourdomain.com (Administrator) — Fri, 25 May 2012 11:17:23 +0000

contingent convertible bonds, which convert into equity if a bank hits ... Tags: banking, bonds, content, contingent, convertible, cookie, dei, financial, monte, paschi, rco, risparmio, sector, target, undefined, values. reuters ...

Download Synthetic and Structured Assets pdf - La Comunidad

you@yourdomain.com (Administrator) — Fri, 18 May 2012 13:10:20 +0000

... securities and strips, as well as the newest structured and synthetic instruments, including exchange-traded funds, credit derivative-based collateralized debt obligations, total return swaps, contingent convertibles, and ...

Italy - Factors to watch on May 24 - Reuters

you@yourdomain.com (Administrator) — Wed, 23 May 2012 22:03:59 +0000

Italy - Factors to watch on May 24
Reuters
BANCA MONTE DEI PASCHI The bank is in touch with the Bank of Italy over the issue of contingent-convertible bonds to help it reach regulatory capital requirements, MF said in an unsourced report. SMALL AND MID CAPS FONDIARIA-SAI, PREMAFIN, ...

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Spain Moves to Save Bank, not to Help the People « The Real Agenda

you@yourdomain.com (Administrator) — Tue, 08 May 2012 06:58:45 +0000

The state was considering using contingent convertible bonds, he said. These bonds convert into equity in certain circumstances, for example if a bank's core capital falls below a set ratio. The leading daily El Pais estimated ...

The Need For An Independent Investigation Into JP Morgan Chase

you@yourdomain.com (Administrator) — Sat, 19 May 2012 06:14:14 +0000

Gillian Tett has an article criticizing the idea that CoCos — contingent convertible bonds — will solve the “too big to fail” problem. (And yes, she calls it “too big to fail,” even though Gillian Tett of all people understands what ...