All material subject to strictly enforced copyright laws. © 2021 Euromoney Institutional Investor PLC group

CoCos trading cheap, SocGen model reveals

Societe Generale

Contingent convertible bonds are trading slightly too cheap, according to strategists at Société Generale in Paris. The strategists have developed a pricing model that gives CoCos an average model price of 112, compared to a market price of 109.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree