Übersetzung für "Contingent capital" in Deutsch

The group calls their version of contingent capital “regulatory hybrid securities.”

The contingent capital I/2011 was entered into the Commercial Register on 10.06.2011.

PTSB also has contingent capital instruments which can be converted into equity, if needed.

The mandatory convertible bond will convert into approximately 1,062,447 shares from the company's contingent capital.

In issuing contingent capital, banks would have to pay a higher interest rate than they would on ordinary long-term debt, because debt investors will face the true cost of capital, not the government-subsidized cost.

The fashionable idea of allowing banks to issue “contingent capital” (debt that becomes equity in a systemic crisis) is no more credible than the idea of committing to punish banks severely in the event of a crisis.

Many finance experts – including Alon Raviv, Mark Flannery, Anil Kashyap, Raghuram Rajan, Jeremy Stein, Ricardo Caballero, Pablo Kurlat, Dennis Snower, and the Squam Lake Working Group – have been making proposals along the lines of “contingent capital.”

I think that part of the reason must be that the problem was poorly understood then, so that contingent capital could not be well articulated and lacked the force of argument that would allow it to be impressed upon government policy makers.

The Financial Stability Board (FSB), headed by Mario Draghi, publicly stated in its September 2009 report to the G-20 that it was studying contingent capital proposals.

Contingent capital, a device that grew from financial engineering, is a major new idea that might fix the problem of banking instability, thereby stabilizing the economy – just as devices invented by mechanical engineers help stabilize the paths of automobiles and airplanes.

If a contingent-capital proposal is adopted, this could be the last major worldwide banking crisis – at least until some new source of instability emerges and sends financial technicians back to work to invent our way of it.

In an ideal world, the competition-stability trade-off could be regulated away with sophisticated risk-based insurance mechanisms, credible liquidation and resolution procedures, contingent convertibles, and capital requirements with charges for systemic institutions.

Over time, however, the interest-rate premium is likely to be small, because higher capital requirements and contingent capital should significantly reduce the likelihood of ever reaching the triggers.

If such a contingent-capital structure had been in place before the crisis, troubled banks would have been recapitalized by the contingent debt holders while avoiding the complications and legal posturing inevitable in formal bankruptcy.

The Commission will consult further on its implementation of any new rules on contingent convertible capital that may be adopted, and will ensure that the development of any proposal on debt write down as a resolution tool is coordinated with this.

On the basis of these assessments, the four participating domestic banks (Allied Irish Bank, Bank of Ireland, EBS Building Society and Irish Life & Permanent) were found to need a total of EUR 24 billion in additional capital, including contingent capital of EUR 3 billion, to remain adequately capitalised under a stress scenario.

Should the stress case scenario materialise, the bank has the option to activate an adequately remunerated contingent capital relief measure in the form of a guarantee put at its disposal by the German Länder of Lower Saxony and Sachsen-Anhalt, as part of the approved restructuring plan.

Subject to approval by the SSM, proceeds from the sale of foreign assets will be used to repay the contingent convertible capital instruments injected by the HFSF.

Furthermore, for the first time, the granting of subscription rights to employees and members of the management board from a contingent capital increase pursuant to Section 192 AktG was placed on a legal footing.

The convertible bond will be backed by 9 million shares from the contingent capital.