3. Provide as much detail as possible about the following convertible instrument based on the Bloomberg DES screenshot provided below:
How is Bloomberg calculating parity? How is the Premium being calculated?
COIN O 306 \125.178 -1.0 Yld N.A At 13:13 Vol 9.5 Source 1 COIN O 1/2 06/01/26 Co Actions Settings Page 1/12 Security Description: Convertible 25 Convertible Bond 20 Underlying Description Pages Issuer Information Identifiers 10 Bond Info Name COINBASE GLOBAL INC FIGI BBG01138FQ01 10 Addtl Info Industry Brokerage Assetmanagers Exchanges_ CUSIP 19260QAA5 13 Reg/Tax 14 Covenants Convertible Information ISIN US19260QAA58 19 Guarantors Mkt of Issue PRIV PLAC Convertible Bond Ratings 10 Bond Ratings Ctry/Reg US Currency USD In Identifiers Rank Sr Unsecured Series 16 Exchanges Conv Ratio 2.6994 Conv Price 370.4527 19 Inv Parties 20 Fees, Restrict Stock Tkr COIN US Stock Price 357.3900. 20 Schedules Parity 96.4739 Premium 29.7533 Issuance & Trading 23 Coupons Coupon 0.500000 Init Prem 55.000 Amt Issued/Outstanding Quick Links Type Fixed Freq S/A USD 1,437,500.00 (M) / 3.) ALLQ Pricing SOFTCALL USD 1,437,500.00 (M) 39 CRD Qt Recap Calc Type (49)CONVERTIBLE Min Piece/Increment 34 TDH Trade Hist 3$ CACS Corp Action Pricing Date 05/19/2021 1,000.00/ 1,000.00 300 Prospectus ist Coupon Date 12/01/2021 Par Amount 1,000.00 37N Sec News Convertible Until 05/29/2026 Book Runner GS JPM 30 HDS Holders Maturity 06/01/2026 Reporting TRACE COIN O 306 \125.178 -1.0 Yld N.A At 13:13 Vol 9.5 Source 1 COIN O 1/2 06/01/26 Co Actions Settings Page 1/12 Security Description: Convertible 25 Convertible Bond 20 Underlying Description Pages Issuer Information Identifiers 10 Bond Info Name COINBASE GLOBAL INC FIGI BBG01138FQ01 10 Addtl Info Industry Brokerage Assetmanagers Exchanges_ CUSIP 19260QAA5 13 Reg/Tax 14 Covenants Convertible Information ISIN US19260QAA58 19 Guarantors Mkt of Issue PRIV PLAC Convertible Bond Ratings 10 Bond Ratings Ctry/Reg US Currency USD In Identifiers Rank Sr Unsecured Series 16 Exchanges Conv Ratio 2.6994 Conv Price 370.4527 19 Inv Parties 20 Fees, Restrict Stock Tkr COIN US Stock Price 357.3900. 20 Schedules Parity 96.4739 Premium 29.7533 Issuance & Trading 23 Coupons Coupon 0.500000 Init Prem 55.000 Amt Issued/Outstanding Quick Links Type Fixed Freq S/A USD 1,437,500.00 (M) / 3.) ALLQ Pricing SOFTCALL USD 1,437,500.00 (M) 39 CRD Qt Recap Calc Type (49)CONVERTIBLE Min Piece/Increment 34 TDH Trade Hist 3$ CACS Corp Action Pricing Date 05/19/2021 1,000.00/ 1,000.00 300 Prospectus ist Coupon Date 12/01/2021 Par Amount 1,000.00 37N Sec News Convertible Until 05/29/2026 Book Runner GS JPM 30 HDS Holders Maturity 06/01/2026 Reporting TRACE
