This tutorial outlines how convertibles
are priced and also the factors that influence their prices.
Manufacturers continue to use convertibles
for their halo effect of drawing in new customers,'' Miller said.
GM didn't consider it a risk when it decided on the convertible
approach because the stock market had rebounded.
can be rather difficult for individual investors to trade profitably, since volume in the convertible
market is thin and convertibles
' value depend on complicated calculations of yield and conversion value.
You may want to consider taking advantage of convertibles
through a mutual fund or managed account of some kind.
A number of high-tech and biotech companies, such as CuraGen, were rushing to the convertible
market at the time, but those who were late getting their act together missed the boat.
sales gain in Saab 900S and 900 Turbo Convertibles
sold in 1991, compared to the previous calendar year, supports the fact that Saab convertibles
are reliable all-weather vehicles which are evermore meeting U.
MACE works with clients in all major financial centres and in virtually every market where convertibles
Despite the measure of uncertainty, convertibles
have influenced recent rating decisions by Fitch, including its recent upgrades on Providian Financial, and Rating Outlook revisions for Tribune Co.
Since their advantages already may be priced-in through lower interest rates, convertibles
may not actually represent a better investment than bonds or equities.
one of the oldest and most highly regarded convertible
bond managers, today announced the appointment of Michael Erich Revy as managing director and portfolio manager to develop and co-manage a convertible
bond arbitrage product for the firm.
Every effort has been made to accurately reflect the developments in the convertibles
market while minimizing turnover.