Exchangeable bond: Difference between revisions
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A straight bond with an embedded option to exchange the bond for the stock of a company other than the issuer (usually a subsidiary or company in which the issuer owns a stake) at some future date and under prescribed conditions. | A straight bond with an embedded option to exchange the bond for the stock of a company other than the issuer (usually a subsidiary or company in which the issuer owns a stake) at some future date and under prescribed conditions. | ||
== See also == | == See also == | ||
* [[Bond]] | * [[Bond]] | ||
[[Category:Long_term_funding]] | |||
Revision as of 09:15, 9 October 2013
(XB).
A straight bond with an embedded option to exchange the bond for the stock of a company other than the issuer (usually a subsidiary or company in which the issuer owns a stake) at some future date and under prescribed conditions.
