premium put convertible


A convertible bond that also includes a put feature allowing it to be redeemed at a premium at some point in its life. The issuers of premium put convertible bonds are obligated to purchase the bond back if the bondholder so chooses.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
premium over conversion value premium raid