Bonds with embedded options for the holder Convertible bonds let a bondholder exchange a bond to a number of shares of the issuer's common stock. These are known as hybrid securities, because they combine equity and debt features. Exchangeable bonds allows for exchange to shares of a corporation other than the issuer.
Bonds with embedded options for the holder Convertible bonds let a bondholder exchange a bond to a number of shares of the issuer's common stock These are known as hybrid securities because they combine equity and debt features Exchangeable bonds allows for exchange to shares of a corporation other than the issuer