我国可转换债券条款设计研究

作为一种混合型金融工具，可转债以其独特的性质越来越为我国上市公司和投资者们所接受，而如何设计合理的条款是可转债发行成功的基础。文章在分析可转债条款设计目的和思路的基础上，分别对可转债各主要条款的设计进行研究，并结合我国的实际情况提出了发行人在条款设计过程中应注意的几个问题。

Study on the Design of Our Country's Converti Bond Clauses

A s a kind of m ixed financing tool,the convertible bond is received by m ore and m ore Chinese listed com - panies and investors with its specialnature,and the design the rationalclauses is the foundation for the successfulissuing of the convertible bond.Based on the analysis on the design target and concept of the convertible bond,this paper re- searches on the design of all im portant clauses of the convertible bond,and connecting with the actual situation of our country,puts forward som e problem s needing attention in the course of the design of the clauses for the issuers.