Conversion Premium

外汇网2021-06-19 20:56:12 162

英文名称：Conversion Premium 中文名称：转换溢价

指可转换债券的市场价格多出普通股市场价格的部分。

e.g. One investor who got a good deal in the transaction was Berkshire Hathaway Inc. (BRKA, BRKB), which helped finance the acquisition by buying $3 billion of Dow convertible pferred stock that carries an 8.5% pidend yield and a modest conversion pmium of 20%.

The amount by which the price of a convertible security exceeds the current market value of the common stock into which it may be converted.

Most convertible securities trade at a price above its conversion value.

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