skip to content
Hybrid securities : structuring, pricing and risk assessment Preview this item
ClosePreview this item
Checking...

Hybrid securities : structuring, pricing and risk assessment

Author: Kamil Liberadzki; Marcin Liberadzki
Publisher: Houndmills, Basingstoke, Hampshire ; New York, NY : Palgrave Macmillan, [2016] ©2016
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
Hybrid capital securities or 'hybrids' offer various benefits. They offer flexibility equity without shareholder dilution, provide protection to senior creditors, are a stable source of long-term funding for healthy companies, and help insurers and banks meet regulatory and rating agency capital requirements. Risks and features of hybrid securities are expressed in the credit spread of some relatively new financial  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Document Type: Book
All Authors / Contributors: Kamil Liberadzki; Marcin Liberadzki
ISBN: 9781137589705 1137589701
OCLC Number: 947808317
Description: xii, 224 pages : illustrations ; 23 cm
Contents: Machine generated contents note: 1. The Definition of Hybrid Securities --
2. Evolution of Hybrids --
3. Legal Framework for Financial Hybrids in the Banking Industry --
4. CRD IV Package Legal Framework --
5. CRR Additional Tier 1 Financial Instruments --
6. CRR Tier 2 Bonds --
7. The Role of Hybrid Securities in the BRRD --
8. Hybrid Securities Issued by Insurers --
9. Corporate Hybrids --
10. Issuing Hybrids --
11. Public Offering and Admission to Trading --
12. Regular and Timely Ongoing Disclosure --
13. Financial Intermediation --
14. Non-EEA CoCos --
15. Bonds Credit Risk Modeling --
16. Contingent Convertible Bonds Pricing --
17. Structural Model for Corporate Hybrid Valuation --
18. Hybrid Securities' Impact on Risk.
Responsibility: Kamil Liberadzki and Marcin Liberadzki Warsaw School of Economics, Poland.

Abstract:

Hybrid capital securities or 'hybrids' offer various benefits. Risks and features of hybrid securities are expressed in the credit spread of some relatively new financial instruments, but no  Read more...

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.

Similar Items

Related Subjects:(1)

Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/947808317> # Hybrid securities : structuring, pricing and risk assessment
    a schema:Book, schema:CreativeWork ;
    library:oclcnum "947808317" ;
    library:placeOfPublication <http://id.loc.gov/vocabulary/countries/enk> ;
    schema:about <http://dewey.info/class/332.6457/e23/> ;
    schema:about <http://experiment.worldcat.org/entity/work/data/2611410784#Topic/convertible_securities> ; # Convertible securities
    schema:author <http://experiment.worldcat.org/entity/work/data/2611410784#Person/liberadzki_marcin> ; # Marcin Liberadzki
    schema:author <http://experiment.worldcat.org/entity/work/data/2611410784#Person/liberadzki_kamil> ; # Kamil Liberadzki
    schema:bookFormat bgn:PrintBook ;
    schema:datePublished "2016" ;
    schema:description "Hybrid capital securities or 'hybrids' offer various benefits. They offer flexibility equity without shareholder dilution, provide protection to senior creditors, are a stable source of long-term funding for healthy companies, and help insurers and banks meet regulatory and rating agency capital requirements. Risks and features of hybrid securities are expressed in the credit spread of some relatively new financial instruments, but no structural fundamentals exist for to price hybrids precisely. This book proposes a model for the pricing of hybrids. It begins by explaining the concept of hybrids as well as their equity- and debt-like characteristics. Different types of hybrids are presented, including preference shares, convertible bonds, contingent convertibles (CoCos) and bail-in bonds. The authors then present analysis of regulatory regimes' impact on hybrids. They discuss the types of hybrid bonds that are contemplated in the Capital Requirements Regulation (CRR) and Banking Union mechanism. They then present an in-depth examination of hybrids pricing and risk assessment techniques. The book provides a comprehensive analysis from mathematical, legal and financial perspectives in order to look at relatively new financial instruments and address problems with the pricing models of hybrids which are as yet unsolved."@en ;
    schema:exampleOfWork <http://worldcat.org/entity/work/id/2611410784> ;
    schema:inLanguage "en" ;
    schema:name "Hybrid securities : structuring, pricing and risk assessment"@en ;
    schema:productID "947808317" ;
    schema:workExample <http://worldcat.org/isbn/9781137589705> ;
    wdrs:describedby <http://www.worldcat.org/title/-/oclc/947808317> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/2611410784#Person/liberadzki_kamil> # Kamil Liberadzki
    a schema:Person ;
    schema:familyName "Liberadzki" ;
    schema:givenName "Kamil" ;
    schema:name "Kamil Liberadzki" ;
    .

<http://experiment.worldcat.org/entity/work/data/2611410784#Person/liberadzki_marcin> # Marcin Liberadzki
    a schema:Person ;
    schema:familyName "Liberadzki" ;
    schema:givenName "Marcin" ;
    schema:name "Marcin Liberadzki" ;
    .

<http://experiment.worldcat.org/entity/work/data/2611410784#Topic/convertible_securities> # Convertible securities
    a schema:Intangible ;
    schema:name "Convertible securities"@en ;
    .

<http://worldcat.org/isbn/9781137589705>
    a schema:ProductModel ;
    schema:isbn "1137589701" ;
    schema:isbn "9781137589705" ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.