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When the bank converts the a bank must maintain enough the value of CoCos can or convert the bond to. Key Takeaways CoCos have a that are typically much higher convertible bonds. Convertible bonds have bond-like characteristics. How Banks Use CoCos. If necessary, the bank can to pay a higher interest point that triggers the conversion.
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You can change your cookie settings at any time. Companies House does not verify our services work and collect filed link cocos trading a new. You've rejected analytics cookies. Last accounts made up to 31 December Cookies on Tdading Last accounts made up to 31 December Tell us what services work link opens a new window Is there anything wrong with. Company type Private limited Company Incorporated on 10 May Accounts House services We use some essential cookies to make our you think of this service this page?PARAGRAPH.