可转换债券赋予持有人一项权利，每张债券可以转换成约定数额的股票。
Callable bonds give the firm the option to repurchase the bond from the holder at a stipulated call price .
该债券投资者在每季的重置日有权利将持有的债券转换成其他两种债券。
The investors have the option to switch into the other two notes at each reset date .
权利债券