Conversion value and Pass-through: Difference between pages

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''Convertible bonds''.
A structure or process in which an intermediary transmits value or information, without retaining it at the level of the intermediary.
The total current market value of the ordinary shares (or other securities) for which each convertible bond may be exchanged (at the bondholder's option).
 
 
"By changing [the] Base Rate, the central bank may hope to influence market rates generally. It seems that anticipated changes to Base Rate are one of the largest influences on movements in general market interest rates between actual Base Rate changes (Paul Mizen and Boris Hofmann - "Working Paper No 170: Base rate pass-through: evidence from banks' and building societies' retail rates" - London, 2002, ISSN 1368-5562)."
 
''Base rate - the Treasurer's Wiki.''


For example, if each convertible bond may be exchanged for 40 ordinary shares, and the ordinary shares are currently trading in the market at £2 each, then the conversion value = 40 x £2 = £80.


== See also ==
== See also ==
* [[Convertible bonds]]
* [[Base rate]]
* [[Intermediary]]
* [[Pass-through wallet]]


[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]

Latest revision as of 23:24, 28 June 2023

A structure or process in which an intermediary transmits value or information, without retaining it at the level of the intermediary.


"By changing [the] Base Rate, the central bank may hope to influence market rates generally. It seems that anticipated changes to Base Rate are one of the largest influences on movements in general market interest rates between actual Base Rate changes (Paul Mizen and Boris Hofmann - "Working Paper No 170: Base rate pass-through: evidence from banks' and building societies' retail rates" - London, 2002, ISSN 1368-5562)."

Base rate - the Treasurer's Wiki.


See also