Exchangeable bond: Difference between revisions
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== See also == | == See also == | ||
* [[Bond]] | * [[Bond]] | ||
* [[Convertible | * [[Convertible bonds]] | ||
* [[Embedded option]] | * [[Embedded option]] | ||
* [[Option]] | * [[Option]] | ||
Revision as of 22:14, 14 November 2022
(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.
