IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9789814412643_0004.html

Mega-Banks' Self-Insurance with Cocos: A Work in Progress

In: Global Credit Review

Author

Listed:
  • George M. von Furstenberg

    (Department of Economics, Indiana University, Bloomington, USA)

Abstract

The following sections are included:INTRODUCTIONSection OutlineGOING-CONCERN VS. GONE-CONCERN COCOSTHE COCOS INSTRUMENT TO BE CONSIDEREDTHE COCOS ISSUERSMETHODS FOR COCOS CONVERSION AND REDISTRIBUTIONThe Distributionally Neutral “Fair Rule,” FR, the Benchmark for DilutionThe CS, CS-min, and LBG Conversion Methods Actually Used So FarRedistribution from Conversion under the Different MethodsAn Application of the Book-Value Based Fair Rule (FR) of ConversionCoping with the Reporting Lag under the Accounting-Based Fair RuleCOCOS UPDATES AND CALCULABILITYCOCOS AND DEBT OVERHANGWhy Issue Go-Cocos Rather than Common Equity?U.S. TAX ISSUES WITH COCOS?Tax Aspects of Debt Write-OffCOCOS IN CONVERTIBLE BOND INDEXES?CONCLUDING COMMENTS ON DATA AND FINANCING COST RELATIONSA First Harvest of Stylized FactsCDS-Pricing of CocosKey Findings and ConclusionsNOTESREFERENCES

Suggested Citation

  • George M. von Furstenberg, 2012. "Mega-Banks' Self-Insurance with Cocos: A Work in Progress," World Scientific Book Chapters, in: Risk Management Institute, Singapore (ed.), Global Credit Review, chapter 4, pages 53-77, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814412643_0004
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9789814412643_0004
    Download Restriction: Ebook Access is available upon purchase.
    File URL: https://www.worldscientific.com/doi/abs/10.1142/9789814412643_0004
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or

    for a different version of it.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Philippe Oster, 2020. "Contingent Convertible bond literature review: making everything and nothing possible?," Journal of Banking Regulation, Palgrave Macmillan, vol. 21(4), pages 343-381, December.
    2. George M. von Furstenberg, 2014. "Bank Heal Thyself: Benefits of Adding CoCos to the Balance Sheet," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 15(03), pages 65-71, August.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789814412643_0004. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.