Update on Deutsche

Shortly after my posting, Deutsche announced it would not call its perpetual bond, reports Reuters. One rationale for not calling could be that the bond would still be useful as bailinable debt. An interesting trade-off…

Jay! Reposted on Confessions of a Supply-Side Liberal and Pieria

Miles Kimball’s  Confessions of a Supply-Side Liberal mentions my post on Convertible Capital instruments. Note the apt picture! Update: Pieria also features the repost of Miles.

Some housekeeping on CoCo’s

I added the NZ Open Bank Resolution framework to my list of links, on the left. This in light of the CoCo discussion on my blog. For ease of use, see below: NZ Recovery and Resolution…