It stands for convertible bond option; an option that gives the holder of a convertible bond for shares of common…

It stands for convetible bond asset swap; an asset swap whose underlying is a convertible bond. In terms of composition,…

A par asset swap whose underlying asset (e.g. a convertible bond) is repackaged with an equity warrant stripped therefrom, with…

A convertible bond that comes with a carrot-and-stick provision. Differently stated, its carrot provision provides for a low conversion premium…

A convertible bond that is denominated in a currency other than the currency of its underlying shares. As opposed to…

A bond that is issued by a firm that allows it to be converted into equity at certain times using...

The process of breaking up a convertible bond (CB) into two structured products: an asset swap (credit component) and a…

A special type of convertible security that grants its holder the right to exchange the bond for shares of a…

The quoted price of a convertible bond which is normally expressed as a percentage of the bond’s nominal value (par…

The excess of the market price of the convertible over its bond value (bond floor). It is typically expressed as…