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Quantitative Finance · Glosario

¿Qué es Soft call?

Definition 21.6 Derivatives and Volatility · Capítulo 21 — Convertibles and the Credit-Equity Link

A soft call is an issuer’s right to redeem a convertible early that can be exercised only if the share price has traded above a trigger level (for instance 130% of the conversion price): a call forces holders to convert when conversion is worth more than the call price.

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