Article 48 Description Sequence of write down and conversion Links Guidelines Question & Answers Source EUR-Lex Guidelines Paragraph All Links Guidelines on the rate of conversion of debt to equity in bail-in Question & Answers Paragraph 1 Links 2017_3210 Sequence of bail-in and write down of capital 2 2015_1780 Clarificaion of "value of an instrument" in Article 48(2) 2017_3629 Reference to value in Article 48(2) 3 2017_3630 Write down or convert bail-inable liabilities following Article 48(3) 5 2017_3630 Write down or convert bail-inable liabilities following Article 48(3)