Can convertible bonds be converted into shares after being bought?
Convertible bonds are more popular with investors because they have an additional function of converting into shares of listed companies compared with ordinary bonds. Can convertible bonds be converted into shares if they are bought? So today Xiaobian is here to sort it out for everyone, let's take a look!
can I convert convertible bonds into shares after I buy them?
Convertible bonds can't be converted into shares after being bought. Convertible bonds will not enter the conversion period until 6 months after being issued. This means that investors can apply for conversion of convertible bonds on any trading day from 6 months after listing to the maturity date of bonds. The specific time limit for the conversion of shares shall be determined by the listed company according to the duration of the convertible shares and the financial situation of the company.
if investors don't want to wait for six months, they can also buy convertible bonds directly during the conversion period. According to the trading rules of convertible bonds T+, investors can convert shares on the day of purchase. Moreover, the convertible bonds need not be converted into shares at any cost, and investors' accounts do not need to prepare extra funds for the conversion.
Is convertible bonds worth buying?
Convertible bonds are relatively worth buying, because their risks are lower than those of stocks, and they have many advantages, which can meet various investment needs of investors.
The advantages of convertible bonds are as follows:
① Low investment threshold: the initial investment amount of convertible bonds is 1 yuan;
② low investment risk: the requirement for listed companies to issue convertible bonds is that the asset-liability ratio is _7%, and the convertible bonds also have a compulsory redemption mechanism, which can better protect the rights and interests of investors.
③ Strong liquidity: T+ investment mode is adopted for convertible bonds, and investors can buy and sell them on the same day for many times.
④ the range of price limit is relatively large: the price limit of convertible bonds is 57.3% and 43.3% on the first day of listing, and 2% on the next day.
⑤ low transaction cost: the commission of convertible bonds is generally 33, yuan, which may vary according to different trading platforms.
⑥ Convertible into stock: If investors are optimistic about the company's stock, they can also choose to convert convertible bonds into the company's stock.
is the fund bought at the net value of the day?
the trading time of the fund is at 15:. If the fund is purchased before 15: on the working trading day of the fund, it will be calculated according to the net value of that day. If the fund is purchased after 15: on the working trading day of the fund, it will be calculated according to the net value of the next trading day, mainly depending on when the fund is purchased.
the trading hours of the fund are from 9: 3 to 15: every trading day, and the closing hours are from 11: 3 to 13: . It should be noted that the trading day T refers to Monday to Friday except legal holidays and weekends. In addition, there is no time limit for the subscription and redemption of the fund, and the subscription and redemption can also be made when the market is closed.