Hybrids in the news

Relief in sight for convertible bonds, says Lombard Odier’s Barazal

Nokia to Sell EU750 Million of Convertible Bonds

Attractive CoCos could help plug UK bank capital hole - FSA

ECB asked to bail in Greek bond

Bankers should be made to eat their own stew

Bankers should eat their own stew at bonus time. The European Union’s Liikanen review says managers should receive part of their compensation in the form of their own banks’ “bail-in” bonds. Since such debt would plummet if the bank needed a rescue, it would make bosses more alive to the risks their institutions are running.