Reverse convertible: related pages
Warrants
A security similar to a call option. If a holder exercises a warrant, new shares will be issued to the holder.
Hybrid security
A hybrid security or hybrid instrument is a security that has characteristics of both debt and equity.
Redeemable
A security is redeemable is the issuer has a right to re-pay the liability it represents and cancel it.
Yield to worst
The lowest of the different measurements of yield on a bond.
YTC (Yield to Call)
The yield on a callable bond, between the present and the earliest date on which it is callable.
Copyright Graeme Pietersz © 2005-2019