Convertible bonds refer to bonds issued by A-share listed companies that can be converted into stocks. The face value of the issue is generally 100 yuan, and the term is generally 6 years. The issuing company stipulates to pay certain interest to convertible bondholders every year. Of course, the interest is very small. Convertible bonds make money, just like stocks. Convertible bonds (that is, first-class subscription) are generally subscribed at face value, that is, 100 yuan. However, the opening price on the first day of listing (secondary market transactions) is mostly higher than 100 yuan, and some of them can directly rush to 120- 130 yuan. So, if you win a new lottery ticket and sell it on the day of listing, it's net profit.

As long as investors who open accounts in the city can buy and sell stocks normally, they can buy and sell convertible bonds. There is no threshold for convertible bonds trading. No stamp duty is levied on convertible bonds in Shanghai 1 1 and Shenzhen 12. Convertible bonds are also called convertible bonds. Generally speaking, it can continue to be held within the agreed time limit; Or convert bonds into corresponding stocks according to the agreed proportion and price. To put it simply, another "option" is added on the basis of ordinary creditor's rights.

The startup method is the same as the new share subscription process. You can directly enter the code of the convertible bonds you want to buy in the subscription column of the trading system of the securities company, and you must purchase them at the top. Generally, the subscription limit is 65,438+00,000. After the purchase is announced, it is generally 10, and the stock account will be directly debited. If not, it will be transferred in time. The income of convertible bonds depends on the investors' vision. If investors have a unique vision and buy the right convertible bonds, then the income is considerable. If you chase after high prices and buy high-priced convertible bonds, the losses are also great, and investing in convertible bonds is also risky.

Convertible bond funds can be used as long-term fixed investment targets. Convertible bonds have the characteristics of both stocks and bonds. In other words, when the stock market is good, it is flexible enough and rises fast enough; When the stock market falls, convertible bonds will also fall, but after all, convertible bonds have bond properties. If you can't convert the stock, you can also charge interest, usually without losing the principal. Therefore, when the Shanghai and Shenzhen 300 fell, the convertible bonds were relatively stable and the fluctuations were relatively small. In short, convertible bonds are a more radical variety with a safety buffer.