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Glossary Mutual Fund / Term

Convertible Debentures

Convertible debentures are a kind of debt securities or loan which have the option to convert into equity shares or stock after the completion of a certain time period.

Usually, the right of conversion lies solely with the holder. However, under some special circumstances, even the issuer can exercise this option.

There are two types of convertible debentures:
Fully convertible debentures and
Partly convertible debentures

Permanent link Convertible Debentures - Creation date 2020-05-23


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