oben / top  |  Navigation  |  Navigation (Breadcrumb Trail)  |  Navigation (untergeordnet)  |  Inhalt / Content  |  unten / bottom


Convertible Bond

The holder of a convertible bond can, during the term of the bond, convert this into shares using a ratio which is determined beforehand. Whether the possibility to convert is an attractive option for the holder will depend on the trend of the share price. If the right to convert is not exercised, the bond will be paid back (settled) at the end of the term. Similar: Optional bond.