exchangeable bond meaning in English

可交换公司债
可交换债券---与可转换债券十分相似，但主要区别是这类债券的基础股票通常不是发行公司的股票。

A pricing analysis of multiperiodic convertible exchangeable bonds
上海股票市场的一个实证研究
Having considered all these ideas , efil directors consider that it is necessary to pursue a combination of disposal methods including possibly share placements , unitisation , exchangeable bonds and corporate share buybacks
在研究过所有建议后，董事局认为有必要采用多种方式出售股票。这可能包括配股出售单位信托基金发行可换股债券及让个别上市公司回购股份。
In the meantime , the directors had continued to review a number of alternative disposal methods , focussing primarily on share placements and exchangeable bonds . however , no decision has yet been made on which method should be adopted or the timing and size for the next disposal transaction
同时，董事局成员继续考虑多种不同的股票出售方法，并集中审议配股及发行可换股债券，但对于下一阶段股票出售计划会采用何种方法，推出时间及数额，均未有作出最后定。