LYON

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LYON

Liquid Yield Option Note

A convertible, callable, and putable zero-coupon bond. A LYON is a bond that is convertible to common stock and may be bought or sold as an option, but which does not pay interest. Because it pays no interest, it is issued at a considerable discount from par value of the bond. This guarantees a positive return to the investor, at least until such time as it becomes profitable for the investor to put the bond back to the issuing company for an amount over the issue price. Generally, the total return on a LYON is less than that of the company's common stock, assuming the company does well.
References in periodicals archive ?
Garcia Fernandez, no existe ni para Lugdunum Convenarum ni para Pompelo,ambas creaciones de Pompeyo, evidencias de que tuvieran de origen estatuto colonial latino; incluso, Plinio indica que era una comunidad estipendaria (Plin.
103 "Hoc anno fuit celebratum generale concilium apud Lugdunum a domino papa Gregorio xmo .
la gran dedicacion de los Vicani Aquenses a Augusto erigida por el peregrino Secundus Sembedonis (CIL XIII, 389) o la dedicacion a la Victoria Augusta hecha por el sacerdote del culto imperial en Lugdunum Convenarum.
33) Judging from an inscription at Chagnon that ascribes to his authority a ban on ploughing, sowing, or planting immediately beside the aqueduct at Gier, Hadrian may have been responsible for the whole project, which supplied the important city of Lugdunum.
con la toponimia (diversos Lugdunum y Lugudunum, probablemente algunos Lucus, etc.
The inscriptions and the iconography of the decorations were an essential part of the neo-classical image of Lugdunum that Sceve wished to present.
Pescennius Niger (193-194) and pacified the east (195-196), he returned to the west and claimed that Clodius had revolted in Gaul (196); Clodius marched against Severus, but was defeated and captured after a bitter and hard-fought battle near Lugdunum (Lyons) (197), and was beheaded shortly after.
Destacan por su singular relevancia Lugdunum (Lyon), en la Gallia Lugdunensis, y Augusta Pretoria (Aosta), en la Gallia Cisalpina.
Rusellae (AE 1980, 448 = AE 1998, 445 y AE 1980, 449 = AE 1998, 444); colonia Obsequens Iulia Pisana (CIL XI, 1420 y 1421); Nemausus (CIL XII, 3155); Lugdunum (AE 1962, 16).
Principal battles: Issus II (194); Lugdunum (Lyon) (197).