It's a balancing act, because Coinbase would want the lowest coupon (the interest it pays to holders), and the highest conversion premium (minimizing the risk of equity dilution) they can get ...
The Coinbase Global Inc.-Bond has a maturity date of 10/1/2031 and offers a coupon of 3.6250%. The payment of the coupon will take place 2.0 times per biannual on the 01.04.. At the current price ...
Shares Convertible Bond ETF is a convertible bond ETF with significant exposure to bitcoin via holdings. Click here to see ...