Todos los libros

Profesional

Apps Acerca de Coach Iniciar sesión Empezar a leer

Quantitative Finance · Glosario

¿Qué es Reverse convertible?

Definition 19.4 Derivatives and Volatility · Capítulo 19 — The Structured-Products Business

A reverse convertible pays a coupon above the issuer’s funding rate and repays par at maturity unless the underlying has fallen below a strike, in which case it repays the underlying’s value (or shares): the investor has sold a put.

Leer en el capítulo →