Besides equity related bonds, type of Eurobonds that are convertible are classified as

A. bonds with interbank rate

B. bonds with intra market rate

C. bonds with equity warrants

D. bonds with common stock

Answer: Option C

Solution(By Examveda Team)

Besides equity related bonds, type of Eurobonds that are convertible are classified as bonds with equity warrants. Equity warrant bonds are debt securities that incorporate warrants, which give the holder the option to purchase equity in the issuer, its parent company, or another company during a predetermined period or on one particular date at a fixed contract price.