Definition of hybrid capital
Definition of hybrid capital
Hybrid capital is a form of debt that has been substituted for equity. This type of capital has both debt and equity features. This covers a variety of instruments, such as preference shares, that are not pure equity but have traditionally been deemed close enough to it to count towards a bank's tier one capital ratio - the key measure of financial strength. [1]
FT Articles & Analysis
•
No articles are associated with this term
