Admire Contingent Convertible Trends World'S
Up Contingent Convertible Tion . Contingent convertible bonds, often referred to as cocos, are securities issued by banks in order to meet their regulatory capital. Contingent convertible bonds, often referred to as cocos, are securities issued by banks in order to meet their regulatory capital requirements. Contingent Convertible Bonds from www.slideshare.net Contingent convertible bonds, often referred to as cocos, are securities issued by banks in order to meet their regulatory capital requirements. In other words, if the capital of the issuer. This proposal has gained momentum in november 2009 when lloyds banking group launched a capital raising which included the issuance of £7.5 billion in contingent.