Business, Legal & Accounting Glossary
noun an issue of new bonds, or ‘conversion bonds’, timed to coincide with the date of maturity of older bonds, with the intention of persuading investors to reinvest an issue of new bonds, or ‘conversion bonds’, timed to coincide with the date of maturity of older bonds, with the intention of persuading investors to reinvest
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This glossary post was last updated: 20th November, 2021 | 0 Views.