← Back to all capabilities

Convertible Bond Mandatory Redemption Alert

HorizonDecoder

Missing a mandatory redemption deadline can cost 30%+ — Ginkgo monitors redemption triggers, sends conversion window reminders, and calculates conversion value in real time.

SCENARIO

Business Scenario

Mandatory redemption clause: when the stock closes at ≥130% of the conversion price for at least 15 of any 30 consecutive trading days, the issuer may redeem at par plus accrued interest (~100 CNY) before the final conversion date. Family offices holding multiple convertible bonds receive scattered redemption announcements across different brokers — a missed final conversion date means a bond worth 130+ CNY gets redeemed at 100 CNY, a single-position loss of 30%+. This is a concrete pain point raised by family office clients.

MECHANISM

Mechanism · Two-Core Combination

Powered by Horizon + Decoder two-core combination

Decoder

AI parses mandatory redemption announcements from multiple brokers, extracts key fields (final conversion date / redemption price / conversion price), deduplicates cross-broker notices, and structures the data.

Horizon

The system proactively models each convertible bond's redemption trigger risk (monitoring days the stock stays above 130% of conversion price) and alerts ahead of the trigger; once triggered, sends conversion application reminders N days before the final conversion date plus a real-time conversion value vs. redemption price comparison.