The new debt subscription will have the following risks:
1. The bond was forcibly redeemed by the company. If investors have not converted shares at this time, it may cause certain losses;
2. The bankruptcy of the company cannot be repaid, but the CSRC has higher requirements for the company that issues convertible bonds, so the possibility of bankruptcy of the issuing company is very low;
The share price of this company has been falling. Before that, the conversion price when we bought it was higher than the current price. If you can't convert shares, you won't get high returns.
Create new debts:
Playing new bonds is a hot topic in the investment market. Because convertible bonds have the nature of stocks, but their risks are much lower than those of stocks, and they can be sold on the first day of listing, so they are loved by investors, but some novices may not know how to purchase new bonds. Let's get to know it together!
New debt is a folk saying. By definition, new bonds are convertible corporate bonds. Convertible bonds are different from ordinary bonds. Convertible bonds can be converted into company stocks under certain conditions. When the company's share price rises, investors can get more income. Of course, holders of convertible bonds can also choose to hold expired convertible bonds, so convertible bonds are equivalent to ordinary bonds, and they will get interest income from bonds when they expire. Because convertible bonds are both stocks and bonds, their risks are much lower than those of stocks, so they are loved by investors.
There is basically no threshold requirement for buying new debt. As long as investors have securities accounts, they can participate in the subscription of new bonds. The specific operation process is as follows:
1, securities account opening. If you want to buy new bonds, you must have a securities account. Therefore, the first step to buy new debt is to open a securities account, and bring my valid ID card to the business outlets of securities companies to open an account, or to open an account through the securities company official website. There is no requirement for the value of the new bond market, and new bonds can be purchased the next day after opening an account.
2. Know the time of new debt subscription. After opening a securities account, investors can pay attention to the newly listed new bonds and the corresponding subscription time. The subscription time of new bonds is stipulated by the company, and usually an announcement will be made in advance to inform everyone.
3. Buy new debt. During the subscription period of new bonds, log in to the brokerage APP, enter the code, price and quantity of convertible bonds according to the system prompt, and submit the subscription after confirmation. The denomination of convertible bonds is usually 100 yuan, and the minimum unit for purchasing convertible bonds is 1 lot, that is, 10 convertible bonds, that is, 1 lot is 1000 yuan, excluding handling fees.
4. Pay by winning the lottery. To buy convertible bonds, you need to wait for the lottery. Generally, the winning results will be announced on T+2. Payment can only be made after the investor wins the lottery. If there is a lottery, you can pay according to the lottery number in time. Successful payment means successful purchase of new bonds.
After the new debt is successfully paid, the new debt can be traded after it is listed. Usually, the price of new bonds will rise on the first day of listing, so many investors will choose new bonds to go public.