Switzerland has already chosen one version of this approach by forcing its two big banks to issue new contingentconvertible (CoCo) bonds.
瑞士已经采取了类似的做法,规定其两家大银行发行新的或有可转换(CoCo)债券。
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Switzerland has already chosen one version of this approach by forcing its two big Banks to issue new contingentconvertible (" CoCo ") bonds that turn into equity if necessary.