What are convertible debentures?
being an nri i am forced by my parents in india to make some investments in indian debentures. but with very little knowledge i came across these two terms convertible and non-convertible ones. can anyone tell me what convertible debentures are?
Asked 143 day(s) back
What are convertible debentures?
As an NRI you can invest in debt instruments in India under the rules of RBI. Debentures are one of these investment options and debentures that have convertible as a prefix mean that you have an option to convert the value of debt bond into shares by taking them after maturity of the bond. This fact makes this a popular option but the interest rate you earn on this option is comparatively less.
Answered 143 day(s) back
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Beforehand, you must know more about debenture. These are documents which is created so as to acknowledge debt. However, when option is given to change debentures to equity shares, then becomes known as convertible debentures. When they do it, it should be at the earliest given stated given exchange rate. It is more seen prominent in developing nations, like in India. Convertible Debentures can easily be made into (converted) to common stocks as well as shares too
Answered 120 day(s) back
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