Exchangeable bond

Exchangeable bond (or XB) is a type of hybrid security consisting of a straight bond and an embedded option to exchange the bond for the stock of a company other than the issuer (usually a subsidiary or company in which the issuer owns a stake) at some future date and under prescribed conditions. An exchangeable bond is different from a convertible bond. A convertible bond gives the holder the option to convert bond into shares of the issuer.

单词	Exchangeable bond
释义	Exchangeable bond 英语百科 Exchangeable bond Exchangeable bond (or XB) is a type of hybrid security consisting of a straight bond and an embedded option to exchange the bond for the stock of a company other than the issuer (usually a subsidiary or company in which the issuer owns a stake) at some future date and under prescribed conditions. An exchangeable bond is different from a convertible bond. A convertible bond gives the holder the option to convert bond into shares of the issuer.
随便看	ascertaining the count of yarns ascertain loss ascertainly ascertainment Ascertainment bias ascertainment error ascertainment methods ascertainment of community need rule ascertainment of damage ascertainment of loan ascertainment of loss ascertainment of profit ascertainment testicular feminization ascertain our position ascertain responsibility ascertain the extent of the loss ascertain the responsibility ascertain the trend of the market ascertain the true situation ascescent asceses ascesis ascetic Ascetica ascetical