PUTABLE CONVERTIBLE BOND
\pjˈuːtəbə͡l kənvˈɜːtəbə͡l bˈɒnd], \pjˈuːtəbəl kənvˈɜːtəbəl bˈɒnd], \p_j_ˈuː_t_ə_b_əl k_ə_n_v_ˈɜː_t_ə_b_əl b_ˈɒ_n_d]\
Sort: Oldest first
-
A bond with an option to sell it back at a premium on a specific date. The issurer has a lower coupon because of this. This can be done only once in the case of a single premium put. It can also be done multiple times on specific dates as a rolling premiu
By Henry Campbell Black
Nearby Words
- put-off
- put-put
- put-up
- put-upon
- putable bond
- PUTABLE CONVERTIBLE BOND
- putable swap
- putage
- putamen
- putamen hemorrhage
- putamen hemorrhages