2023年3月31日 · This total level of capital that banks are now required to hold is made up of lots of different assets, including Additional Tier 1 bonds, or AT1s. They are part of a broader family of assets known as contingent convertible bonds, or CoCos.

2023年3月21日 · AT1 債券（Additional Tier 1 Capital Bonds）是指具有資本補充功能的可轉換債券，通常由銀行和金融機構發行，用於補充金融機構資本金額。這種債券通常具有較一般公司債更高的利率和期限，但也可能在特定條件下強制轉換成股票或損失吸收工具，也就是前面提到的 ...

AT1 Bonds, also called Additional Tier 1 Bonds, are capital instruments banks issue to raise their core equity base. These bonds are perpetual, meaning they have no maturity date. The investors are not paid back the principal amount.

2023年3月20日 · Additional Tier 1，即额外一级资本债券，是在全球金融危机后欧洲监管架构下设计的产物，是一种可计入银行监管资本的次级债务。 除了持有更多的普通股本外，大型银行还被迫发行“或有可转换债券”（Contingent Convertible Bonds，即 Cocos债券）。 这些Cocos债券最常见的形式就是AT1。 “可转换”是因为它们可以从债券转换为股权（或完全减记），而“或有”则是因为这种转换只有在满足某些触发条件时才会发生，比如发行银行的资本实力低于预先确定的触发水 …

2019年7月16日 · Banks from the core have issued AT1, the new contingent capital deals that suffer either temporary write-down or conversion into equity if issuers breach triggers on their common equity tier 1 ratios.

2023年3月24日 · AT1 bonds - a $275 billion sector also known as "contingent convertibles" or "CoCo" bonds - act as shock absorbers if a bank's capital levels fall below a certain threshold. They can be...

2023年3月13日 · Tier 1 capital refers to a bank's equity capital and disclosed reserves. It is used to measure the bank's capital adequacy. Tier 1 capital has two components: Common Equity Tier 1 (CET1)...

AT1债券 全称为Additional Tier 1，即其他一级资本的资本补充工具。 巴塞尔委员会对各类资本工具做了具体规定，其中核心一级资本对应工具主要为普通股，二级资本对应二级资本债（ 次级债 ），而其他一级资本对应的即为 优先股 。

2019年6月27日 · Common Equity Tier 1 capital (CET1) is the highest quality of regulatory capital, as it absorbs losses immediately when they occur. Additional Tier 1 capital (AT1) also provides loss absorption on a going-concern basis, although …

What is Additional Tier 1 Capital (AT1)? Additional Tier 1 or AT1 consists of capital instruments that are continuous, in that there is no fixed maturity including: Preferred shares; High contingent convertible securities ; These perpetual instruments must …