Synthetic convertible

Synthetic convertible

Combination of usable bonds and warrants (that expire on or after the bonds' maturity) that resembles convertible bond.

Synthetic Convertible

A bond and a warrant or right that are issued separately, but are combined together to create the same effect as a convertible bond.
References in periodicals archive ?
To date, most offshore yuan-denominated bonds have been issued in Hong Kong, while several synthetic convertible bonds have been issued in Singapore and are likely to be issued in other international financial centres.