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Does the fund talk about making money by making new debts?
Not necessarily.

It may not be possible to make money by issuing new debts. Making new debts may also lead to losses, and new debts may also be broken. Even if they are not broken, bond prices may continue to fall. As long as the bond price falls below 100 yuan, the principal loss may occur.

Companies listed on the stock market want to raise funds, and issuing "bonds" is a financing method, while "convertible bonds" are debts that can be converted into stocks in the future. After you buy this convertible bond, you can convert it into the common stock of the company that issued the bond after a certain period of time.

Then he is still a bond, so he has a face value and an interest rate.

A listed company issues convertible corporate bonds in order to purchase its issued shares.