From Bail-out to Bail-in: Mandatory Debt Restructuring of Systemic Financial Institutions
April 24, 2012
Disclaimer: This Staff Discussion Note represents the views of the authors and does not necessarily represent IMF views or IMF policy. The views expressed herein should be attributed to the authors and not to the IMF, its Executive Board, or its management. Staff Discussion Notes are published to elicit comments and to further debate.
Summary
Subject: Asset and liability management, Bank resolution framework, Banking, Creditor bail-in, Debt restructuring, Distressed institutions, Financial crises, Financial institutions, Systemically important financial institutions
Keywords: bail-in capital, bail-in framework, bail-in mechanism, bail-in power, bail-in proposal, bail-in regime, bailout, bank capitalization, Bank resolution framework, bank-resolution measure, banking crisis, Creditor bail-in, Debt restructuring, Distressed institutions, equity position, Europe, Financial regulatory reforms, SDN, statutory bail-in, Systemically important financial institutions, too big to fail, unsecured debt
Pages:
27
Volume:
2012
DOI:
Issue:
003
Series:
Staff Discussion Notes No. 2012/003
Stock No:
SDNEA2012003
ISBN:
9781475503906
ISSN:
2617-6750






