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Mar 2023
15m 48s

What Are CoCos and What Do They Have to ...

The Wall Street Journal
About this episode

P.M. Edition for March 14. A little-known type of financial instrument called contingent convertible bonds, or CoCos, could play a big role in the banking crisis. Markets reporter Matt Wirz explains. Plus, senior special writer Ruth Simon discusses how the crisis is hitting small business owners. Annmarie Fertoli hosts.

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