Convertible Bond Pricings Jump 43% in 2026 as Coupons Hit Zero
US convertible bond pricings ran 43% above 2025’s H1 pace through mid-June, with Ciena, Akamai, and ON Semi tapping the market at zero coupons.
US convertible bond pricings ran 43% above 2025’s H1 pace through mid-June, with Ciena, Akamai, and ON Semi tapping the market at zero coupons.
How convertible bonds work: conversion ratio, conversion premium, the bond floor, convertible arbitrage, and the four main types of converts.
Learn how convertible bonds work — coupon, conversion ratio, bond floor, and conversion premium — with plain-English examples and a verified worked illustration.