convertible instrument
256(in SYSC 19G) an instrument the terms of which require the principal amount of that instrument to be converted into an instrument that qualifies as common equity tier 1 capital if a trigger event occurs.
You are viewing the version of the document as on 2022-03-31.
256(in SYSC 19G) an instrument the terms of which require the principal amount of that instrument to be converted into an instrument that qualifies as common equity tier 1 capital if a trigger event occurs.