hybrid security

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Hybrid security

A convertible security whose optioned common stock is trading in a middle range between the par value of the root security and the market value of the security it is convertible into, causing the convertible security to trade with the characteristics of both a fixed income security and a common stock instrument.

Hybrid Security

A security that combines features of two or more different investment vehicles. The most common example is a convertible bond, which is a bond that the holder may exchange for stocks. This combines the guaranteed payments of a bond with a stock's potential for equity.

hybrid security

A security that has features characteristic of two or more securities. A convertible bond, for example, is a hybrid security in that it has the features (that is, interest, maturity, and principal) of an ordinary bond but is heavily influenced by the price movements of the stock into which it is convertible.
References in periodicals archive ?
Subordinated debt and hybrid securities issued by KBC Bank and KBC Group are notched down from the entities' respective VRs.
Effective January 31, 2019, the fund will be benchmarked to the ICE Exchange-Listed Preferred & Hybrid Securities Transition Index and following a nine-month transition period it will be benchmarked to the ICE Exchange-Listed Preferred & Hybrid Securities Index.
It said that it is looking to raise the capital through the launch of new hybrid securities referred to as the Westpac Capital Notes 5.
Stonebridge Advisors LLC ("Stonebridge"), the Fund's investment sub-advisor, is a registered investment advisor specializing in preferred and hybrid securities. Stonebridge was formed in December 2004 by First Trust Portfolios L.P.
Sections cover valuing the firm and its securities, debt financing, financing with hybrid securities, equity capital structure, payout policy and ownership stakes, and a final section on mergers and acquisitions.
Miami, FL, January 12, 2016 --(PR.com)-- ASG Capital LLC today announced that its Hybrid Securities Analytical / Research Services are being proposed as of September 2015 by ASG Capital LLC for an external fund that has 60 million USD in assets and is managed by LYXOR Entities.
With the implementation of Basel 3 capital adequacy framework, banking authorities no longer recognizes instruments such as Metrobank's hybrid securities as eligible tier 1 capital.
Goldman moved one of its global experts on hybrid securities to Asia five years ago to begin talks with Chinese clients.
Coverage encompasses valuing the firm and its securities, debt financing, financing with hybrid securities, and equity capital structure (payout policy and ownership stakes).
Moody's Investors Service has today corrected the ratings of hybrid securities issued by RBS Capital Trusts A, B, C, D, I, II, III and IV to B1(hyb) from B3(hyb).
PepsiCo established a home base in Netherlands in the '90s for its operations in Eastern Europe and Asia, then issued hybrid securities that were treated as debt in the Netherlands and equity in the U.S.