minibond

After reading the explanations from many financial experts, I realize that the real risk for the minibond is the 150 securities CDO.

Tan Kin Lian's Blog 2008

Other topics that came up include lessons from last year's "minibond" crisis, how Mr. Wheatley ended up in Hong Kong and the emergence in Asia of so-called "dark pools," electronic trading venues in which large blocks of shares are traded anonymously.

Wheatley: Insider Trading's a Problem in Every Market 2009

On top of the value of the collateral assets, the banks also said they agreed to give a special payment to eligible minibond investors "as a goodwill gesture."

Lehman Minibond Investors Vote to Accept Payout Offer Fiona Law 2011

The recovery of the underlying collateral assets and special payments by the banks will enable eligible minibond investors to receive 85%-96.5% of the principal amount they invested, the banks said.

Hong Kong Banks Agree to Extra Lehman Payouts Fiona Law 2011

On Wednesday, Bank of China's 66%-owned Hong Kong unit, BOC Hong Kong (Holdings) Ltd., reported a 67% rise in its first-half net profit to 11.99 billion Hong Kong dollars (US$1.54 billion), partly due to higher income in core lending along with a writeback on provisions due to a recovery in the value of Lehman Brothers minibond collateral.

Bank of China Profit Rises 28% 2011

The recovery of the underlying collateral assets and special payments by the banks would enable eligible minibond investors to receive 85% to 96.5% of the principal amount they invested, the banks in Hong Kong that marketed the minibond products said earlier.

Lehman Minibond Investors Vote to Accept Payout Offer Fiona Law 2011

On top of the value of the collateral assets, the banks have also agreed to give a special payment to eligible minibond investors "as a goodwill gesture," according to the joint announcement.

Hong Kong Banks Agree to Extra Lehman Payouts Fiona Law 2011

In July 2009, under pressure from regulators, the banks that sold the minibond products agreed to buy them back from retail investors.

Hong Kong Banks Agree to Extra Lehman Payouts Fiona Law 2011

While professional investors won't likely receive the special payment offered by the banks, most minibond investors will be able to recover more than 80% of their original investment from the collateral, according to PriceWaterhouseCoopers, the receivers of the relevant Lehman minibonds.

Hong Kong Banks Agree to Extra Lehman Payouts Fiona Law 2011

The auditing firm said in a statement Friday that minibond investors in Hong Kong accepted the offer after three days of noteholder meetings during the week.

Lehman Minibond Investors Vote to Accept Payout Offer Fiona Law 2011