Knowledge Base

← Explain the characteristics and risks of hybrid/composite securities such as convertible bonds
scq

What is the typical threshold for the issuer to exercise its early redemption option (soft call)?

What is the typical threshold for the issuer to exercise its early redemption option (soft call)?

>100% of the conversion price
>110% of the conversion price
>125% to 130% of the conversion price
>150% of the conversion price