Handbook of Hybrid Instruments: Convertible Bonds, Preferred Shares, Lyons, ELKS, DECS and Other Mandatory Convertible Notes

Hybrid instruments offer the investor the safety of a fixed income security combined with the chance to take advantage of the upside of the equity and stock markets. Hybrid instruments are fast becoming a key element in the financial world and the range in existence is vast. However, as the hybrid market is strictly over-the-counter, it is difficult to obtain historical data. Special techniques are required to safely and successfully manage investments in hybrid instruments, so precise analysis of the instruments is essential if the investor is to maximize returns. This volume is designed to provide detailed information on the analytical tools and techniques which investors can use - derived from academia and implemented by practitioners.