convertible bond


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Related to convertible bond: Callable bond
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Noun1.convertible bond - a bond that can be converted to other securities under certain conditions
bond certificate, bond - a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
References in periodicals archive ?
share (US cents) - Cum income with convertible bond at par value 806.
According to a mutual fund survey conducted by Value Line, convertible bond funds have averaged a 12% total return the last five years on an annualized basis, compared with 13% for growth and growth-income funds, 12% for income funds and 15% for the S&P 500.
Within the framework of models of convertible bond financing, "mimicking behavior" refers to situations in which managers of the issuing firm know that they are setting the conversion price (conversion ratio) of the bond too high (low).
The investment value of a convertible bond remains stable over a wide range of stock prices and drops only as the stock price approaches zero, which means the company is nearing bankruptcy.
The entire proceeds of issuing a convertible bond are accounted for as a liability because the debt and equity components cannot be traded separately.
Our convertible bond trading platform has continued to gain market share, create innovative structures and profitably weather the most challenging of times for the asset class," said Weinstein.
per share (pence sterling) - Cum income with convertible bond at par
E[acute accent]MACE Advisers is a UK-based company that specialises in the convertible bond market.
For the fourth quarter, convertible bond prices were up 7.
The Company has entered into the Subscription Agreement with the Lead Managers, under which the Lead Managers have agreed severally to subscribe and pay for, or to procure subscribers to subscribe and pay for, the Convertible Bonds to be issued by the Company in an aggregate principal amount of US$500,000,000 (approximately HK$3,876,550,000), on the terms and subject to the conditions set out therein.
i) a primary mixed cash and exchange offer, a secondary cash tender offer and a secondary exchange offer for all Arcelor shares issued prior to February 6, 2006 (including treasury shares held by Arcelor or its subsidiaries) or to be issued before the end of the acceptance period of the Offer upon conversion of the existing Convertible Bonds, upon exercise of Arcelor stock subscription options granted prior to February 6, 2006 or upon exchange of Usinor shares (issued upon exercise of Usinor stock subscription options granted prior to February 6, 2006);
This tutorial looks at the most common types of convertible bonds and the motivations for issuing and investing in them.