Subordinated bonds

Subordinated bonds

Securities that fall after others in priority of claims on the entity in the case of financial distress.

Subordinate Bond

A class of bond that, in the event of liquidation, is prioritized lower than other classes of bonds. For example, a subordinate bond may be an unsecured bond, which has no collateral. Should the issuer be liquidated, all secured bonds and similar debts must be repaid before the subordinated bond is repaid. A subordinate bond carries higher risk, but also pays higher returns than other classes. See also: junior debt.
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According to the ecofin website, this loan is divided into 800,000 subordinated bonds with a nominal value of 100 dinars each.
These bonds can be recognized as core capital (consists primarily of common stock and retained earnings) up to 15% of shareholders' funds and can be recognized as supplemental capital (includes mainly hybrid capital instruments, subordinated bonds and general loan loss reserve) up to 50% of shareholders' funds under current regulations.
According to the initial investigation of the Financial Supervisory Commission (FSC), some NT$300-400 billion of subordinated bonds issued by domestic banks cannot meet the new requirement and must be deducted from their capital from next year, necessitating capital increment for many banks.
1m) worth of subordinated bonds, Dow Jones has reported, citing a person familiar with the sale.
5bn (USD2bn) of subordinated bonds, a press officer at the Spanish savings bank said.
26bn) worth of subordinated bonds to boost its capital, Dow Jones has reported.
2 billion yen in subordinated bonds to cover redemptions of earlier-issued straight and subordinated bonds.
China Everbright Bank has said that it would issue CNY5bn (USD732m) of 10-year subordinated bonds from December 15, Xinhua News said in a report.
375% undated junior subordinated bonds -- "aa-" on EUR 0.
Specifically, the bank will offer CNY3bn of subordinated bonds due 2021 and CNY27bn of subordinated bonds maturing in 2026 in three working days from 3 November.
PK), China's third-largest bank, has said that China Banking Regulatory Commission has approved the bank to issue subordinated bonds in the country.
24bn) worth of subordinated bonds to resupply its capital base, Dow Jones has reported, citing a person familiar with the matter.