Investment Outlook
Market Update: Coco Bonds Boom
Summary
Have you ever heard about CoCos? Let’s take a look on how Contingent Convertible bonds work, what are the triggers in their use, the main risks to which they are exposed and their recent development in the markets, which makes them an attractive instrument for banks to strengthen their capital. Also here is a focus on the last year moves of Banco Santander deciding not to call an option on their AT1 bond worth $1.7billion.
Authors
- Maria D’AmatoPortfolio Analyst
Details
- Published
- 14 May 2020
- Division
- Investment Research
- Type
- Investment Outlook
- Pages
- 4
- Authors
- 1
Cite this report
Minerva Investment Management Society (2020). Market Update: Coco Bonds Boom. Investment Research. https://minervaims.org/archive/market-update-coco-bonds-boom-2020
Related reports
5 May 2020 · Investment Research
Investment Strategy: Smart Beta Investing15 April 2020 · Investment Research
Beware of bear: Considerations on the market rebound6 April 2020 · Investment Research
If it has wings don't fly it just yet: Covid-19 and the airlines liquidity crisis
