Deutsche Bank Frontansicht (Flickr/Gravitat-OFF) Source: Flickr/Gravitat-OFF
The prices of Deutsche Banks riskiest bonds have fallen to their lowest last week. Although the price has already bounce back, but the coco bond that caused the crisis is still concerned as commonwealth bank has announced they will release a similar product to Australian. Ivan interviews Morgans Senior analysts Brian Pun to explain what is coco bond, and why is it so risky for a bank described as too big to fall. He will also tell us how the bond Commbank release differ from Coco bond of the Deutsche Bank.
The prices of Deutsche Banks riskiest bonds have fallen to their lowest last week. Although the price has already bounce back, but the coco bond that caused the crisis is still concerned as commonwealth bank has announced they will release a similar product to Australian. Ivan interviews Morgans Senior analysts Brian Pun to explain what is coco bond, and why is it so risky for a bank described as too big to fall. He will also tell us how the bond Commbank release differ from Coco bond of the Deutsche Bank.