Convertible bonds

Bonds which have the right but not the obligation to convert into a specified number of ordinary shares (or other securities) under specified terms and conditions.

Also known as Convertibles.

See also

• Bond
• CEPS
• Convertible debt
• Conversion premium
• Conversion price
• Conversion ratio
• Conversion value
• Exchangeable bond
• Ordinary shares
• Security
• Share
• Yield to conversion