A bond which pays coupons or periodical interest payment to the owner. Originally, it has detachable coupons, where the owner,...
An outperformance warrant in which the payout is determined based on the performance of a bond index minus the return...
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 royalties-backed (future-cash-flow-backed) bond that was issued by rock star David Bowie on his albums (e.g. The Rise and Fall...
A convertible’s bond floor, or bond value (also investment value), is the discounted value of its coupons and redemption value....
A bond that has a floating rate interest- that is, an interest rate that adjusts periodically (monthly, quarterly, semi-annually, etc.)...
A bond that has a floating rate interest- that is, an interest rate that adjusts periodically (monthly, quarterly, semi-annually, etc.)...
A bond that has a floating rate interest- that is, an interest rate that adjusts periodically (monthly, quarterly, semi-annually, etc.)...
The present value of future cash flows of a convertible bond as if it was a straight corporate bond, i.e.,...