Imposing a failing bank's losses on shareholders and specific creditor layers instead of taxpayers. The hierarchy is set by the instruments' own documents and the resolution statute, which is how AT1 went to zero above equity in 2023.
Where Bail-in is explained in depth
The definition above is the short version. These pages put it to work, in the order they use it most:
Information and education only. Every page, figure and
calculator on this site exists to explain how financial instruments work. Nothing here is
investment, tax or legal advice, a recommendation, or a valuation you can rely on.Full disclaimer