Arbitrage bonds allow municipalities to refinance high-interest bonds with lower-rate ones before the call date, optimizing ...

Convertible bonds last year were faced with no choice but to deleverage their portfolios with the ban of short selling, and the seizing up of the credit markets cutting off their supply of debt ...

In this episode of Alternative Angles, host Steve Rosen, a former portfolio manager in Fidelity’s High Income & Alternative Investing division, digs into convertible arbitrage. Along with guests Seth ...

Convertible Arbitrage: Managers invest in companies' convertible securities. Typically, they will be long the convertible bond and short the common stock of the same company. Positions are designed to ...

Convertible bonds are, customarily, fixed rate debt instruments issued by a company (the “issuer”), the terms of which allow the holders of the bonds to convert them into ordinary shares (common stock ...

A shortage of primary convertibles issuance has moved synthetic convertible bonds out of obscurity and into near ubiquity among European institutional investors. “Due to a shortage of corporate ...