https://www.proz.com/kudoz/french-to-english/investment-securities/3840929-mandatories.html&phpv_redirected=1
May 11, 2010 09:04
14 yrs ago
French term

mandatories

Not for points French to English Bus/Financial Investment / Securities convertibles arbitrage
"Instruments utilisés : obligations Convertibles et assimilées (échangeables, preferreds, mandatories, ORA ...)"
Proposed translations (English)
5 +2 mandatories

Proposed translations

+2
7 mins
Selected

mandatories

I'm not sure why this question is being posted, as this is already an English term and could have been found very easily with a little googling.

A mandatory is a type of convertible bond which is automatically converted into its underlying equity at maturity.

See http://www.fow.com/Article/1382842/Issue/26557/Popularity-is...
Peer comment(s):

agree writeaway : even with my vastly underwhelming knowledge of the field, I did think it already sounded very English. thought it was posted in the wrong pair actually :-)
1 hr
Thanks
agree imatahan
5 hrs
Thanks
Something went wrong...
Comment: "With thanks"