Jagran Josh Logo
  1. Home
  2. |  
  3. Bank Recruitment|  

Banking Term: Convertible Bonds

Apr 29, 2015 11:42 IST

    Banking Term: Convertible Bonds

    • A bond with an option, allowing the bondholder to exchange the bond for a specified number of shares of common stock in the firm.
    • A conversion price is the specified value of the shares for which the bond may be exchanged.
    • The conversion premium is the excess of the bond’s value over the conversion price.
    • It is a hybrid security with debt- and equity-like features.
    • Convertible bonds are most often issued by companies with a low credit rating and high growth potential.

    Latest Videos

    Register to get FREE updates

      All Fields Mandatory
    • (Ex:9123456789)
    • Please Select Your Interest
    • Please specify

    • ajax-loader
    • A verifcation code has been sent to
      your mobile number

      Please enter the verification code below

    Newsletter Signup
    Follow us on
    This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK
    X

    Register to view Complete PDF