Contingent capital: The case of COERCs

Keyphrases

• Market Value 100%
• Shareholders 100%
• Contingent Capital 100%
• Low Risk 50%
• Moral Hazard 50%
• Panic 50%
• Call Option 50%
• Issuing Bank 50%
• Equity Share 50%
• Government Bailout 50%
• Contingent Convertibles 50%
• Bank Market 50%
• Par Value 50%
• Bank Capital 50%
• Reverse Convertible 50%
• Debt Overhang 50%

Economics, Econometrics and Finance

• Market Value 100%
• Moral Hazard 50%
• Option Trading 50%
• Bailout 50%