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

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

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

A hybrid/ structured credit product (bond) that becomes convertible into equity shares if the price of the share exceeds a...

The percentage by which the conversion price (in a convertible) exceeds the current stock price. The following equation illustrates this:...

A form of zero-coupon convertible bond (convertible zero-coupon bond) that was introduced by Merrill Lynch in 1985. This note was...

The value of the “straight” fixed income element of the convertible alone, without consideration to the value of the convertible’s...

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

The running yield on a convertible is similar to the dividend yield on a share of stock. It is calculated...

A convertible bond that is embedded with a put provision. In other words, it allows the bondholder to put or...