1H
-0.28%$0.0000
24H
4.62%$0.0000
7D
8.99%$0.0000
30D
16.8%$0.0000
The Reverse Convertible Note (RCN) is a hybrid security that combines aspects of debt and equity. The RCN provides the investor with an option to convert their investment into shares in the future, typically upon maturity. This guide will discuss what RCNs are, how they work, and why you should consider investing in them.
Here’s a Bloomberg Terminal guide for new and existing users of the software. This tutorial gives you an insight into the features of this highly functional tool and how to access them easily, irrespective of the financial market you’re trading.