Home » Investment Glossary » What is Hybrid Security
Drowning in credit debt?

What is Hybrid Security

PennyStocksHybrid security is a very special type of security which has the characteristics of both equity and debt securities. This type of security pays fixed amount of interest till a fixed date.The buyer can easily convert this security into a equity.

 

Like other types of securities buying and selling of these securities are also done through brokerage houses at exchanges.Convertible bond and PIK loan are the two most popular types of hybrid securities present in the market.

Facebooktwittergoogle_plusredditpinterestlinkedinmailby feather

About Emaad Qureshi