n NISM Certifications
XXI NISM Series XXI-A
Medium

Which of the following is NOT a characteristic of 'Convertible Bonds'?

Practice question from NISM XXI A for PMS - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    They can be converted into equity shares

  2. B

    They offer lower interest rates compared to standard bonds

  3. C

    They provide fixed income and potential equity upside

  4. They are always short-term instruments

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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