The Handbook of Hybrid Securities: Convertible Bonds, CoCo Bonds and Bail-In (The Wiley Finance Series) by Jan De Spiegeleer, Wim Schoutens and Cynthia Van Hulle
English | 2014 | ISBN: 1118449991 | 408 pages | PDF | 3,8 MB
Introducing a revolutionary new quantitative approach to hybrid securities valuation and risk management.
To an equity trader they are shares. For the trader at the fixed income desk, they are bonds (after all, they pay coupons, so what's the problem?). They are hybrid securities.