Format:
CONVP:<TICKER> <MATURITY DATE> <COUPON> <PAR> <PRICE> <STRIKE>
Examples(*):
CONVP: JONE 20220929 8 50 39.0 2.9294
<TICKER> Ticker for issuer of convertible preferred (US only).
<MATURITY DATE>: String in YYYYMMDD format indicating the maturity date for the convertible.
<COUPON>: The coupon for the convertible, expressed as a percent amount.
<PAR>: The par amount per convertible preferred.
<PRICE>: The convertible price.
<STRIKE>: The convertible Strike, expressed as a stock price.
Optional Field:
<RATING>: The bond rating formatted in S&P rating syntax e.g., AA, BBB+, etc. Used when the issuer curve is not available or multiple ratings exist for an issuer e.g., [CONVP: JONE 20440317 7.25 99.396 BB-].
Consistent to market convention, quantity should be provided as number of shares and price as an absolute price (not %of par).
Example JONE 8% Pfd. 50 Par. 8% of par annual dividend. 38.5 price. Converts into 17.068 shares (=50/2.9294)