Assertion: convertible bond's price | /r/HasProperty | below the conversion price
Facets:
value: usually
type: TEMPORAL
value: upon issuance of the convertible bonds
type: TEMPORAL
value: typically
type: DEGREE
Source sentences:
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: Upon issuance, the conversion price is usually set, and the bonds themselves are usually issued when the current price of the underlying stock is below that of the conversion price.
text: Upon issuance of the convertible bonds, the underlying stock’s price is typically below 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.