A hybrid security that combines a normal bond with an option to exchange the bond for shares of stock from a company other than the bond issuer. In the pricing of an exchangeable bond, the bond portion and the embedded option are valued separately, and the overall yield on an exchangeable bond is typically lower than that of a straight bond.
Related information about exchangeable bond:
- Exchangeable bond - Wikipedia, the free encyclopedia
Exchangeable bond (or XB) is a type of hybrid security consisting of a straight bond and an embedded option to exchange the bond for the stock of a company ...
- Exchangeable Bond - Financial Dictionary - The Free Dictionary
A debt security that the holder may exchange, at a certain price, for common stock in the company other than the one that issued the debt security. The number of ...
- Exchangeable Bond Definition & Example | InvestingAnswers
We explain the definition of Exchangeable Bonds, provide a clear example of how it works and explain why it's an important concept in business, finance ...
- Exchangeable Debt Definition | Investopedia
Similar to convertibles, except this type of debt can be converted into the shares of a company other than the issuing company (usually a subsidiary).
- exchangeable bond - Invest Definition
exchangeable bond definition: A special type of convertible security that permits ... An exchangeable bond differs from an ordinary convertible bond in that a con.
- EB - Exchangeable Bond
Acronym Finder: EB stands for Exchangeable Bond. This definition appears very rarely.
- What is exchangeable bond? definition and meaning
Definition of exchangeable bond: A hybrid security that combines a normal bond ... In the pricing of an exchangeable bond, the bond portion and the embedded ...
- Exchangeable bond
Similar financial terms. Convertible exchangeable preferred stock. Convertible preferred stock that may be exchanged, at the issuer's option, into convertible ...