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While this is consistent with lower liquidity needs, this result could also be explained by a lower need to issue capital instruments to comply with the Basel ratio because the retained earnings compute as Tier I capital.
Therefore, banks that finance their growth with issuances of debt also increase their issuances of hybrid instruments, which indicates that they are managing their regulatory capital holdings using hybrid instruments to comply with the higher requirements due to the increase in debt holdings.
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At the same time, we find that the issuances of debt are correlated with the issuances of hybrid instruments because hybrids were the instrument used by banks to comply with the higher regulatory capital requirements derived from the expansion of the (risk-weighted) assets.
The developer of the planned Muslim community center and mosque near ground zero hopes to finance the bulk of the $140 million project using instruments developed to allow many Muslim investors to comply with religious prohibitions on interest.
The buglers were unable to comply because it exceeded the range of their instruments, so the oblivious officer ordered them to practice Cohan's song.
Researchers have developed several quality of life instruments specific to oral health, and the number continues to grow rapidly to comply with the demand for more specific measures [ 5].
Second, to comply with capital regulation given the growth of assets, banks prefer to issue hybrid instruments rather than capital instruments, which is also in line with the existence of discount costs from asymmetric information.
But in her Merkt brief, Parker wrote, "Under United States law, the United States is bound to comply with the terms of these treaties" ratified by Congress, even if Congress has provided no instrument for their implementation.
The pilots decided to comply.
"I'm happy to comply.
Cuba plainly fails to comply.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com