Convertible bonds belong to the fixed incomebonds, as hybrids of the bonds and call option.
可转换债券是固定收益证券的一种，是债券和股票看涨期权的混合证券。
2
Although over the past 20 years investors have been overweight in equities, asset allocation is now tipping in favour of fixed-incomebonds.
尽管在过去20年间投资者持有股票的比重过高，如今的资产配置比重却在向固定收益型债券倾斜。
3
The holders of convertible bonds have two major rights: firstly, they can receive a fixed cash flow during the term of conversion in that convertible bonds belong to the fixed incomebonds;