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convertible bonds

Convertible Bonds: An Introduction

As the name implies, convertible bonds, or converts, give the holder the option to exchange the bond for a predetermined number of shares in the issuing company. When first issued, they act just like regular corporate bonds, albeit with a slightly lower interest rate. This article provides an introduction to Foreign Currency Convertibe Bonds with …

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Categories Financial Management Tags convertible bonds, fccb, foreign currency convertibe bonds
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