A convertible bond is an investment vehicle that starts as a bond and then can turn into a stock. These bonds are often framed by sellers as a way to reduce risk by having the certainty of a bond that ...
Amid rising interest rates in 2023, convertible bond issuance picked up, and continues to surge in 2024. Convertible issuers typically benefit from the lower coupon rate compared to straight ...
New players in the investing game often ask what convertible bonds are, and whether they are bonds or stocks. The answer is that they can be both, but not at the same time. Essentially, convertible ...