Arbitrage bonds allow municipalities to refinance high-interest bonds with lower-rate ones before the call date, optimizing ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Convertible bonds last year were faced with no choice but to deleverage their portfolios with the ban of short selling, and the seizing up of the credit markets cutting off their supply of debt ...

In this episode of Alternative Angles, host Steve Rosen, a former portfolio manager in Fidelity’s High Income & Alternative Investing division, digs into convertible arbitrage. Along with guests Seth ...

Convertible Arbitrage: Managers invest in companies' convertible securities. Typically, they will be long the convertible bond and short the common stock of the same company. Positions are designed to ...

PDD Holdings Inc.’s record stock slide delivered gains to a popular hedge-fund strategy that seizes on the disconnect between the stock and corporate-bond markets. The tactic is centered on ...

HONG KONG (Reuters) - Asian companies looking to raise capital in the once-thriving convertible bonds market will need to add sweeteners and capital-protection features in order to reignite investor ...

TOKYO (Reuters) - Shares of Sony Corp tumbled over 10 percent on Thursday, a day after the consumer electronics maker said it will raise 150 billion yen ($1.9 billion) through a sale of convertible ...