Global Financial Observer Dr. Robert Peng Insights of the Cancellation of CoCo Bonds – April 13, 2023
Global Financial Observer Dr. Robert Peng Dear friends, I have received many inquiries recently about CoCo bonds, also known as contingent convertible bonds, issued by Credit Suisse. One of the concerns many people have is whether investing in such instruments means buying an asset without any protection, as the Swiss government can cancel them at…