An equity derivative (specifically an equity buy-write structure) that involves a mandatory conversion preferred stock (it resembles both convertible bonds...

An option that gives the holder of a convertible bond for shares of common stock during the life the bond....

The implicit price which has been paid to purchase a common stock indirectly by holding a convertible bond. This price...

The value of a convertible bond (CB) without its conversion feature, i.e., only as a straight bond. The bond value...

A convertible bond (CB) whose value is pulled down by a declining stock (its potential equity participation). In other words,...

A financial instrument that can be split into equity and liability components from the issuer's perspective. A compound instrument is,...

A financial instrument that can be split into equity and liability components from the issuer's perspective. A compound financial instrument...

The difference between the bond’s price and its equity value or parity, expressed as a percentage: Premium = (convertible price-...

A bond that is issued as a zero-coupon bond but which converts to a coupon paying bond at a specific...

A convertible bond in which the conversion price is not predetermined but is kept floating. This bond converts into the...