Convertibles Supply May Not Meet Demand

Sheahan, Matthew
January 2011
High Yield Report;1/17/2011, Vol. 22 Issue 3, p27
This article looks forward to demand for convertible bonds in the U.S. in 2011. It expects convertible bonds to fail in meeting demand in the high yield market as companies issue regular junk bonds. It observes that investors want convertible bonds because they can be converted into equity. The article attributes this failure to low interest rates.


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