by Raahil Shah | Mar 21, 2023 | Financial Institution Bonds
AT1 perpetual bonds have been in focus today following Credit Suisse’s announcement of a complete write-down of over $17bn of its AT1 bonds. Investors and advisors are now looking at their own/clients’ existing bank bond holdings to check whether (a) the...
by bondevalue | Apr 15, 2021 | Insights
Additional Tier 1 (AT1) bonds, previously known as Contingent Convertibles or CoCos have become very popular over the last decade. In this piece, we try to address several frequently asked questions on this topic and talk about different features observed in these...
by bondevalue | Mar 19, 2020 | Financial Institutions, Insights, Perpetual Bonds
Stocks of many banks have taken a major hit in the last month as Central Banks cut interest rates to reduce the economic impact of the ongoing pandemic. The table below shows how bank stocks and one of their worst performing Contingent Convertible (CoCos) have fared...
