And a bigger equity cushion should help to reduce the cost of debt by counteracting fears that debtholders are too exposed to losses.
更多的资金缓冲会有助于通过抵消债权人对于损失过多的担忧来降低举债成本。
In addition they will also have to pad this with another thinner cushion of equity equal to 2.5% of their assets.
此外他们还将填充另一项为数更少的缓冲资本,将达到总资产的2.5%。
This is a kind of debt that will automatically convert into shares if the bank's cushion of equity capital falls below 5%.
这是一种如果银行股本作垫降到5%之下,可以自动转换成股份的债务。
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