Cocos
in example sentence
In fact, the success of banks in issuing
cocos
suggests that investors do have the appetite for them.
More example sentences with word cocos
When a bank’s capital falls below a pre-specified limit, its
cocos
automatically convert from debt to equity at a fraction of their previous price.
Sovereign
cocos
would assuage the fear of creating an AIG-like event, in which a too-big-to-fail underwriter is over-exposed.
There would be worries that adding
cocos
to sovereign bonds might raise governments’ borrowing costs.
Adding
cocos
to government bonds will require solving a host of technical problems.
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