Assertion: convertible bond | /r/HasProperty | issued
Facets:
value: often
type: TEMPORAL
value: typically
type: DEGREE
Source sentences:
text: Typically, when a convertible bond is issued, the per-share price of the underlying stock is less than the conversion price.
text: When convertible bonds are issued, the price of the underlying stock is usually below the conversion price, and the amount by which the conversion price exceeds the current stock price is called the conversion premium.
text: When convertible bonds are issued, they come with a set interest rate.
text: RH: Typically, a convertible bond is issued between a three and seven year term-an average of a five-year lifetime for the option of the underlying share to go well and to convert with a profit.
text: When convertible bonds are issued, the price of the stock is usually less than the conversion price.
text: The price of convertible bonds is a bit more fluid as they are rated upon the company’s stock price and prospects at the time they are issued.
text: Convertible bonds are often issued when there is a concern about default risk and the systemic importance of the issuing company.
text: When convertible bonds are issued, the price of the underlying stock is usually below the conversion price, and the amount by which the conversion price exceeds the current stock price is called the conversion premium.
text: Convertible bonds are issued and traded in various countries.
text: Typically, when a convertible bond is issued, the per-share price of the underlying stock is less than the conversion price.
text: (I should point out that normally when a convertible bond is issued the issuing company will make sure that no one would buy it and then immediately convert it – i.e. the conversion rate might be 40 shares for this particular bond which would mean that the stock price would have to go up to $25 before converting makes sense –
text: Clearly, once the convertible bond has been issued, its price will trade above or below par value, but it will always be exchangeable for the same number of shares, known as the conversion ratio.