Sentence examples for coco from inspiring English sources
The word "coco" is correct and usable in written English
You can use it as an informal and affectionate term for referring to someone (e.g. a friend or a family member). For example: "Hey coco, what's up?"
That may be more than the new Basel 3 floor of 7%, but most regulators reckon that big, global banks should carry several percentage points more than the minimum, and perhaps an extra layer on top of that.The idea of an extra buffer got a boost on February 14th when Credit Suisse said it would issue SFr6 billion ($6.2 billion) of so-called "Coco" bonds to Middle Eastern investors.
The triggering of one coco will frighten investors away from all of them.
Some fret that coco bondholders could incur losses even as the issuer continues to reward shareholders, in defiance of fundamental laws of capitalism.Such qualms have not stopped investors from piling in, at ever lower yields (see chart).
Although Gabrielle "Coco" Chanel is better known now, Schiaparelli was her fiercest rival from the 1920s until the 1940s.
Banks promise the coco bondholders will get "bailed in", to use the regulatory argot, in lieu of taxpayers.Fans describe cocos as "pre-funded rights issues", a metaphorical fire extinguisher in an otherwise tinder-like capital structure.
Switzerland has already chosen one version of this approach by forcing its two big banks to issue new contingent convertible ("CoCo") bonds that turn into equity if necessary.
Like a coco, an ERN functions as debt in normal times.
What is needed is a way to create the halfway house of partial bankruptcy.Building a half-way houseOne option is for banks to issue so-called "Coco" bonds that convert into equity if capital gets too low, although no one really knows how such instruments would behave in a crisis.
For it's not just that the seasons of the southern hemisphere are out of step, the stars are different and the sun obeys new rules.Yes, indeed, it still rises in the east which, of course, to Australians would have signified not a land of caravanserais, sultans and dubious places where the best is like the worst, but a sea of dolphins, coco-de-mer and the occasional New Zealander.
Credit Suisse, itself a coco-issuing bank, expects at least another $20 billion by year-end.Much of this has come from big-name European lenders, such as HSBC, which is preparing a $6 billion issue.
China, never the fiercest proponent of democracy, has taken advantage of good relations with the junta to establish its only toehold on the Indian Ocean, in the form of a military surveillance station in the Coco Islands.
