| 1. | Convertible bond is a convertible financing tool between bond and stock , convertible bond concurrently have features of bond , stock and option . its issue - clauses include interest rate , convertible ratio and convertible price , convertible date , call provision , put provision , strike - price - adjusted provision etc , convertible bond can reduce corporate financing cost and improve capital structure , investor can share corporate performance and income of convert bond
可转换债券是一种介于债券和股票之间的可转换融资工具，可转换债券兼具了债券、股票和期权的特征。可转换债券发行条款包括票面利率、转换比率和转换价格、转换期、赎回条款、回售条款、向下修正条款及强制转股条款等等；发行可转换债券降低了公司融资成本和改善债务结构，投资者可以分享发行人业绩增长和股票价格的上涨带来的转股收益。 |
