RT Journal Article SR Electronic T1 Japanese Reset Convertible Bonds and Other Issues in Convertible Bonds JF The Journal of Alternative Investments FD Institutional Investor Journals SP 35 OP 41 DO 10.3905/jai.2000.35 VO 2 IS 4 A1 Izzy Nelken YR 2000 UL https://pm-research.com/content/2/4/35.abstract AB Convertible bonds are simply a generic classification for fixed-income securities convertible into a wide range of alternative security forms. One special form , Japanese reset convertibles, have received some notoriety after well-publicized losses. In this paper, several advanced issues relating to japanese-style convertible bonds are discussed. The convertible bonds, issued by Japanese and Taiwanese issuers (among others), have some unique features. Their price and hedge ratios depend on a variety of factors. These include the reset dates; the stock multiplier on each reset date, which is used to determine the conversion price; and the minimal (and maximal) amounts by which the conversion price can be modified. These relationships are quite complex, and an adequate model is essential.