exchangeable bond — A debt instrument which is exchangeable generally during a specified period of time into a number of listed ordinary shares of a company other than the issuer (or frequently, at the issuer s option, cash in lieu), which are normally held by the… … Law dictionary
bond — 1 n 1 a: a usu. formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure … Law dictionary
Bond (finance) — In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest (the coupon) to use and/or to repay the principal at a later date, termed maturity.… … Wikipedia
Bond duration — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond … Wikipedia
Bond market — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal … Wikipedia
Bond convexity — In finance, convexity is a measure of the sensitivity of the duration of a bond to changes in interest rates, the second derivative of the price of the bond with respect to interest rates (duration is the first derivative). In general, the higher … Wikipedia
Bond option — In finance, a bond option is an OTC traded financial instrument that facilitates an option to buy or sell a particular bond at a certain date for a particular price. It is similar to a stock option with the difference that the underlying asset is … Wikipedia
exchangeable — Applies mainly to convertible securities ( convertible security). Means the issuer, if so stated, may substitute a convertible debenture for an existing convertible preferred with identical terms. Most often used when a corporation has an… … Financial and business terms
exchangeable instrument — Applies mainly to convertible securities ( convertible security). bond or preferred stock that may be exchangeable into the common stock of a different public corporation. Bloomberg Financial Dictionary … Financial and business terms
Exchangeable Bonds — Similar to convertible bonds but not linked to the shares of the issuer. They can be exchanged for shares in another company, which the issuer may already own. ► See also Convertible Bond … Financial and business terms
