Sökning: "Contingent Convertibles"
Visar resultat 1 - 5 av 7 uppsatser innehållade orden Contingent Convertibles.
1. CoCo-obligationer inom europeiska banker - En studie over utvecklingen av innehavet samt specifika faktorer som påverkar emitteringen av dessa
Kandidat-uppsats, Göteborgs universitet/Företagsekonomiska institutionenSammanfattning : Introduktion och problem: Contingent Convertibles, benämnt CoCos, blev mer vanligt förekommande inom banker efter finanskrisen 2007 - 2008. Det är en alternativ obligationsform och klassificeras som ett skuldinstrument med inslag av egenskaper för eget kapital. LÄS MER
2. Financial Reporting for Contingent Convertibles in Banks: Liability or Equity?
Master-uppsats, Göteborgs universitet/Graduate SchoolSammanfattning : Economic development in the capital markets has led to the creation of financial instruments that have the characteristics of both equity and liability, so-called hybrid financial instruments. IASB is trying to create a new way of classifying this kind of instruments. LÄS MER
3. On the Valuation of Contingent Convertibles (CoCos): Analytically Tractable First Passage Time Model for Pricing AT1 CoCos
Master-uppsats, KTH/Matematisk statistikSammanfattning : Contingent Convertibles (CoCos) are a new type of hybrid debt instrument characterized by forced equity conversion or write-down under a specified trigger event, usually indicating a state of near non-viability of the Additional Tier 1 capital category, giving them additional features such as possible coupon cancellation. In this thesis, the structure of CoCos is presented and different pricing approaches are introduced. LÄS MER
4. Global Evaluation of Contingent Convertibles: Testing for Evidence of Market Discipline in the CoCo Market
Magister-uppsats, Lunds universitet/Företagsekonomiska institutionenSammanfattning : In this paper, we investigate evidence of market discipline from contingent convertible (CoCo) issues. Previous research has focused on the monitoring aspect of market discipline, by testing risk sensitivity of market prices (subordinated notes and debentures (SND)) to accounting measures of bank risk. LÄS MER
5. Pricing Contingent Convertibles - in an intensity based model
Kandidat-uppsats, Göteborgs universitet/Institutionen för nationalekonomi med statistikSammanfattning : As a result of the recent years financial instability, governments have developed new regulatory frameworks for bank capital adequacy. Authorities have become more aware of keeping capital as a buffer to absorb potential losses. Due to this, a new financial instrument, so-called Contingent convertibles (CoCos) have become more interesting. LÄS MER