Home > Term: fixed income equivalent
fixed income equivalent
Also called a busted convertible. Convertible security that is trading like a straight security because the optioned common stock is trading well below the conversion price.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
0
Creator
- Jessehe
-
(V.I.P) 32013 points - 40.13% positive feedback
