Search
Generic filters
Filter by Categories
Accounting
Banking

Finance




Contingent Convertible Bond


A bond that can be converted into common stocks only when the share price rises sharply or a specified amount (say 25%), from the date when the bond is issued. Therefore, as long as the bond is not converted into common shares, current diluted earnings per share (EPS) will not be diluted by contingent convertible (CoCo) bonds.

This bond was originally designed to avoid entering the calculation of fully earnings per share. However, recent dilution calculations take into account CoCo bonds.



ABC
Finance, as a field of knowledge, is substantially wide-ranging and virtually encompasses everything in the realm of corporate finance, financial management, ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*