Conversion value and Shilling: Difference between pages

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''Convertible bonds''
1.  ''Currency names - current.''


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).
Shilling is a generic name for the currencies of Kenya (KES), Somalia (SOS), Tanzania (TZS) and Uganda (UGX).




'''Example'''  
2.  ''Currency names - pounds - historic.''


Convertible bonds are in issue, each of which may be exchanged for 40 ordinary shares.
Historically, before decimalisation, a shilling was 1/20 of a pound.


The ordinary shares are currently trading in the market at £2 each.  
For example, the pound sterling (GBP).


The conversion value is given by:
= 40 x £2
= £80.


== See also ==
* [[Bullion]]
* [[Court]]
* [[Dim sum bond]]
* [[Gilts]]
* [[Guinea]]
* [[Pound]]
* [[Seigniorage]]
* [[Sovereign]]
* [[Sovereign debt]]
* [[Sovereign debt crisis]]
* [[Sovereign immunity]]
* [[Sovereign issuance]]
* [[Sovereign risk]]
* [[Sovereign social bond]]
* [[Sovereign wealth fund]]
* [[Sovereignty]]
* [[Sterling]]


== See also ==
[[Category:Accounting,_tax_and_regulation]]
* [[Convertible bonds]]
[[Category:The_business_context]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Revision as of 06:28, 15 September 2022

1. Currency names - current.

Shilling is a generic name for the currencies of Kenya (KES), Somalia (SOS), Tanzania (TZS) and Uganda (UGX).


2. Currency names - pounds - historic.

Historically, before decimalisation, a shilling was 1/20 of a pound.

For example, the pound sterling (GBP).


See also