NO.PZ2024032003000018
问题如下:
Which of the following statement(s) is(are) lesson(s) from the Credit Suisse CoCo Event?
Statement1:Unclear distinction between going-concern and gone-concern CoCos lead to confusion and uncertainty.
Statement2:The presence of both automatic and discretionary triggers has introduced complexity and regulatory uncertainty, making it difficult to predict the activation of CoCo bonds.
选项:
A.Statement1
B.Statement2
C.Both statement1 and statement 2
None of above
解释:
The distinction between going-concern and gone-concern CoCos was unclear, creating confusion and uncertainty.The existence of both automatic and discretionary triggers added complexity and regulatory ambiguity, complicating the prediction of CoCo activation.
谢谢