留言內(nèi)容: |
I'mahousewifequetiapinedosageukBondinvestorswereleftfumingwhenbanksrefusedtocallhybridcapitalsecuritiesatthefirstopportunity,ashadpreviouslybeenthenorm.Thesesecuritieshadbeenstructuredtoprovideborrowerswithaneconomicincentivetocall,sofiveyearsfrommaturity,typically,thecouponchangedtoaLibor/Euriborplusaspread.Butafterthecrunchwithseniordebtexpensiveandrationed,andprevailinglowinterestrates,theincentivetocallwasnotthere. |