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 | Rob Grayson |
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...
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...
Comment: "With thanks"
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