NO.PZ2024032003000016
问题如下:
Which of the following is not a function of COCO BONDS?
选项:
A.
Reduce government capital injections during crises
B.
Increasing taxpayer money
C.
Minimizing moral hazard
D.
Absorb losses for distressed banks
解释:
CoCo Bonds Designed to absorb losses for distressed banks at conversion, capitalizing the bank,aim to reduce government capital injections during crises, saving taxpayer money and minimizing moral hazard.
为什么可以减少道德风险?