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If the creditworthiness of the issuer deteriorates ( e. g. rating downgrade ) and its credit spread widens, the bond price tends to move lower, but, in many cases, the call option part of the convertible bond moves higher ( since credit spread correlates with volatility ).
Some Related Sentences
If and issuer
If the issuer is liquidated, they carry the right to receive interest and / or a return of capital in priority to ordinary shareholders.
If the objective is to raise as much money as possible for the issuer, a traditional IPO, priced near the top end of the underwriter's range, would likely achieve that objective.
If the latter did not do so, the duel would begin, and it was the responsibility of the issuer of the challenge to deliver ( or attempt ) the first blow.
If the bond is called, the swaption is exercised, effectively canceling the swap leaving no more interest rate exposure for the issuer.
If an issuer misses a payment on a fixed income security, the issuer is in default, and depending on the relevant law and the structure of the security, the payees may be able to force the issuer into bankruptcy.
If the authentication is successful, the verifier will use the preinstalled public key of the AC issuer to check the validity of the presented AC.
If the instrument is desirable, the underwriter and the securities issuer may choose to enter into an exclusivity agreement.
If the perception of the credit-worthiness of the issuer goes down, investors will demand a higher interest rate, say LIBOR + 0. 25 %.
If the information is not read, the issuer will decline the transaction, regardless of any disposable amount on the connected account.
If interest rates in the market have gone down by the time of the call date, the issuer will be able to refinance its debt at a cheaper level and so will be incentivized to call the bonds it originally issued.
If the issuer is speculative grade and seeking capital from nonbank investors, the arranger will often prepare a “ public ” version of the IM.
If the locale of presentment should change, purchasers should be aware that obtaining their funds may require that they retain contact with the issuer / purchaser, or assume the risk that the Money Order will be deemed invalid upon otherwise proper presentment.
If the customer decides not to use DCC, there will still be a foregn exchange margin applied by the card scheme ( Visa or Mastercard ) and there may be additional foreign exchange margins and fees added by the card issuer and the card acquirer or payment gateway.
If the issuer was short-lived or had only a minor impact on postal history, the micro entry will also include a concise description.
If the issuer has made a significant impact or has historical importance, it will be described in greater detail by a separate macro entry ( i. e., a main article ) elsewhere on the site.
If and deteriorates
If labour is withdrawn from the workplace for any reason, typically the value of capital assets deteriorates ; it takes a continual stream of work effort to maintain and preserve their value.
If the supply of existing housing deteriorates due to wear, then the stock of housing supply depreciates.
If at any time during the secondary survey the patient deteriorates, another primary survey is carried out as a potential life threat may be present.
If and e
If the appellate court does find a legal defect in the decision " below " ( i. e., in the lower court ), it may " modify " the ruling to correct the defect, or it may nullify (" reverse " or " vacate ") the whole decision or any part of it.
* Let Q be a set enclosed between two step regions S and T. A step region is formed from a finite union of adjacent rectangles resting on a common base, i. e. S ⊆ Q ⊆ T. If there is a unique number c such that a ( S ) ≤ c ≤ a ( T ) for all such step regions S and T, then a ( Q )
If the resulting four kilobyte table size is too large for a given target platform, the table lookup operation can be performed with a single 256-entry 32-bit ( i. e. 1 kilobyte ) table by the use of circular rotates.
If a description of s, d ( s ), is of minimal length ( i. e. it uses the fewest number of characters ), it is called a minimal description of s. Thus, the length of d ( s ) ( i. e. the number of characters in the description ) is the Kolmogorov complexity of s, written K ( s ).
If a ) testimonies conflict one another, b ) there are a small number of witnesses, c ) the speaker has no integrity, d ) the speaker is overly hesitant or bold, or e ) the speaker is known to have motives for lying, then the epistemologist has reason to be skeptical of the speaker's claims.
If the object point be infinitely distant, all rays received by the first member of the system are parallel, and their intersections, after traversing the system, vary according to their perpendicular height of incidence, i. e. their distance from the axis.
If the above errors be eliminated, the two astigmatic surfaces united, and a sharp image obtained with a wide aperture — there remains the necessity to correct the curvature of the image surface, especially when the image is to be received upon a plane surface, e. g. in photography.
If, in an unsharp image, a patch of light corresponds to an object point, the center of gravity of the patch may be regarded as the image point, this being the point where the plane receiving the image, e. g., a focusing screen, intersects the ray passing through the middle of the stop.
If the ratio a '/ a be sufficiently constant, as is often the case, the above relation reduces to the condition of Airy, i. e. tan w '/ tan w = a constant.
If the auction is passed out, i. e. no bids are made and only four passes are called, the hands are abandoned and the turn to deal passes in rotation.
If BCG is accidentally given to an immunocompromised patient ( e. g., an infant with SCID ), it can cause disseminated or life-threatening infection.
If your side has two aces and a void, then you are not at risk of losing the first two tricks, so long as ( a ) your void is useful ( i. e., does not duplicate the function of an ace that your side holds ) and ( b ) you are not vulnerable to the loss of the first two tricks in the fourth suit ( because, for instance, one of the partnership hands holds a singleton in that suit or the protected king, giving your side second round control ).
If one eigenvalue is negative ( i. e., an imaginary frequency ), then the stationary point is a transition structure.
If both high priority substituents are on the same side of the double bond, i. e. in the cis configuration, then the stereoisomer is assigned a Z or Zusammen configuration.
If a 4, 5, 6, 8, 9, or 10 is thrown on the come-out roll ( i. e., if a point is set ), most casinos allow pass line bettors to take odds by placing from one to five times ( and at some casinos, up to 100 times ) the pass line bet behind the pass line.
If two cofinal subsets of B have minimal cardinality ( i. e. their cardinality is the cofinality of B ), then they are order isomorphic to each other.
If the disk was not otherwise prepared with a custom format, ( e. g. for data disks ), 664 blocks would be free after formatting, giving 664 × 254 = 168, 656 bytes ( or almost 165 kB ) for user data.
* If is the norm ( usually noted as ) defined in the sequence space ℓ < sup >∞</ sup > of all bounded sequences ( which also matches the non-linear distance measured as the maximum of distances measured on projections into the base subspaces, without requiring the space to be isotropic or even just linear, but only continuous, such norm being definable on all Banach spaces ), and is lower triangular non-singular ( i. e., ) then
If the glass is cooled quickly in the absence of a strong light source by putting ice on the glass or placing it in the freezer with the door almost closed, it turns backwards ( i. e. the silver sides trail ).
If we assume the controller C, the plant P, and the sensor F are linear and time-invariant ( i. e., elements of their transfer function C ( s ), P ( s ), and F ( s ) do not depend on time ), the systems above can be analysed using the Laplace transform on the variables.
If, i. e., it has a large norm with each value of s, and if, then Y ( s ) is approximately equal to R ( s ) and the output closely tracks the reference input.