What is convertible bond and how to buy and sell it?
Convertible bonds are special bonds issued by listed companies, which are simply bonds that can be converted into stocks. If you want to get convertible bonds, you can only apply for them, and the winner can get them. After the convertible bonds are listed, the holders can sell them in time just like buying and selling stocks.
The essence of convertible bonds is actually an IOU, through which listed companies borrow money from investors and recover the IOU and pay interest after maturity. When convertible bonds are issued, the face value is 100 yuan, and the term is generally about 5 years.
How to make money by holding convertible bonds?
You can hold it like a bond and wait for the repayment of principal and interest at maturity; Convertible bonds can also be converted into stocks within the prescribed time limit, which has both the defensive nature of bonds and the offensive nature of options. The investment value of convertible bonds lies in the small probability of principal loss, which gives people unlimited imagination.
After reading the above introduction, I believe you have a deeper understanding of what convertible bonds are and how to buy and sell them. If you want to get a first-hand convertible bond, you can open an account and apply for new debt.