Convertible bond

Convertible bonds are bonds that the holder may convert into a specified number of the issuer's shares within a specific period. Convertible bonds differ from bonds with equity warrants in that the option component cannot be detached from the bond component. After the option has been exercised, the principal tied to the convertible bonds is removed from the issuer's accounts and converted into share capital.

Statistics using the definition

Validity of the definition

  • Valid until (31 December 2078)

Source organisation

  • Tilastokeskus