What does allocating debt mean?

Debt allotment is a financing behavior of listed companies.

If a company wants to issue bonds, if you hold shares of the company, you will have priority in purchasing the bonds of the listed company. On the subscription date, you only need to have cash in your account, enter the entrustment code, and you can get the convertible bond, and the cash in the account will become "XX convertible bond".

If you do not operate the above procedures, it means that you have not purchased "XX Convertible Bonds" and your account will show "XX Allotment Bonds". Its meaning can be understood by comparing it with 'allotment'.

Extended information

Subscription method

During the subscription period, public shareholders can go to the Shanghai Stock Exchange to their respective designated trading securities firms with their personal ID cards and shareholder account cards. Department, the Shenzhen Stock Exchange goes to the custodian brokerage office to apply for subscription of allotments, and at the same time, ensure that there are sufficient funds in the capital account. Investors can subscribe through face-to-face entrustment, telephone entrustment, self-service entrustment and other methods. The entrustment method is the same as buying and selling stocks.

Investors can apply for subscription multiple times, but the total number of allotments applied for by each applicant shall not exceed the number of allotments available. Of course, investors can also decide whether to subscribe for part or all of the placement according to their own wishes.

Baidu Encyclopedia-Debt Allocation

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