Greek gov't issues ministerial act on the use of CoCos in bank recapitalization

The Greek government on Tuesday issued a ministerial council act on the details of a bank recapitalization plan, envisaging an 8.0 pct interest on bonds and the operation of CoCos (convertible bonds) with which Hellenic Financial Stability Fund will cover additional capital needs of Greek banks.
Keywords
Τυχαία Θέματα