IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCK - ICULS
A security that can be used to acquire underlying common shares. It is the same with a warrant except that it is subject to the conversion ratio. It essentially renders the safety of a bond until converted to an equity. ICULS has to be converted to shares when matured at the predetermined ratio in case the loan stock is not redeemable.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Jul | |
| 08:30 | Producer & Import Prices | Aug | |
| 11:01 | New Yuan Loans | Aug | |
| 14:30 | Consumer Price Index | Aug | |
| 14:30 | Consumer Price Index Core | Aug | |
| 14:30 | Common Core CPI | Aug | |
| 14:30 | Trimmed Core CPI | Aug | |
| 14:30 | Median Core CPI | Aug | |
| 14:30 | Manufacturing Shipments | Jul |
