HomeDefinitionsCompareDebt High premium convertible debentureThe financial definition for High premium convertible debenture:A bond with a long-term, high-premium, common stock conversion feature. It also offers a competitive interest rate. This type of investment vehicle is aimed at bond investors who want to be able to convert into stock to hedge against inflation. Similar MatchesCash plus convertibleCash plus convertibleConvertible bond that requires cash payment upon conversion. Convertible 100Convertible 100Goldman Sachs index of the 100 convertibles of greatest institutional importance. Weighted by issue size, it measures the performance of its components against that of their underlying common stock and against other broad market indexs as well. Convertible ArbitrageConvertible ArbitrageIn the context of hedge funds, a style of management that involves the simultaneous purchase of a convertible bond and the short sale of shares of the underlying stock. Interest rate risk may or may not be hedged. Further SuggestionsConvertible bondConvertible eurobond Convertible preferred stock Convertible price Convertible security Mandatory convertibles Zero coupon convertible security Click to compare definitions of High premium convertible debenture Click to view definitions beginning hi |