For the convertible bonds traded separately, if there is no exercise right at maturity, the part originally included in "capital reserve-other capital reserve" will be transferred to "capital reserve-equity premium" at maturity, while for the creditor's rights of ordinary convertible bonds, only the relevant part of "capital reserve-other capital reserve" will be transferred to "capital reserve-equity premium", and the unconverted part will not be carried forward.
For general convertible corporate bonds, there are two rights, namely, the right to require the issuer to repay the principal and interest at maturity and the right to convert the bonds into shares.
For convertible corporate bonds traded separately, in fact, a right, namely "stock option", is added to the above two rights. The so-called stock option is the right to buy the issuer's shares at the agreed time and price, which is different from ordinary convertible corporate bonds.
Therefore, for the convertible corporate bonds traded separately, in fact, a stock option is added to the general convertible bonds, giving investors more choices. For listed companies, on the one hand, it is also for financing, on the other hand, it is also to attract potential investors.
Generally, convertible corporate bonds will disappear when they are transferred. Some convertible corporate bonds that are traded separately are shares, and some of them continue to be held as bonds, so they can continue to earn bond interest.
Tips: The above instructions are for reference only and do not make any suggestions. There are risks in entering the market, so investment needs to be cautious.
Reply time: 202 1-09- 13. Please refer to the latest business changes announced by Ping An Bank in official website.
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