VIDEO: Henderson's Barnard on CoCos

Investment Week | 21 Feb 2011 | screening image

Last week Credit Suisse issued $2bn of contingent capital (CoCo) bonds at a yield of just below 8%. Henderson's Jenna Barnard explains why she was surprised by the demand for these bonds, and why the CoCo market looks likely to grow rapidly, reinvigorating demand for old style tier one debt.

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