Convertible Bond Market Latest Trends, Demand and Global Outlook | BlackRock, Edward Jones, AEGON

A convertible bond is a fixed-income corporate debt security that pays interest and can be converted into a set number of common stock or equity shares. Converting a bond to stock is normally executed during the bond’s life by the bondholder’s discretion. In addition, a convertible bond’s price is particularly sensitive to changes in interest rates. A …