While Treasuries look rich, other parts of the bond market beckon, including municipals, corporate bonds, convertible securities, some mortgage securities and preferred stock.

虽然国债看上去不错，债券市场的其他品种更有吸引力，它们包括市政债券，公司债券，可转换证券，一些抵押贷款证券和优先股。

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Convertible securities, which were bashed in 2008 in part from forced selling by leveraged hedge funds, offer a nice combination of yield and equity kickers.

可转换债券，由于在2008年被杠杆对冲基金被迫抛售而大幅下跌，提供了一个很好的收益率组合和准股票权益。

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Stockholders have the right to vote on the issuance of convertible securities because they will dilute current Stockholders' proportionate ownership when converted (changed into share of common).

股东对发行可转换证券拥有投票权，因为当转换(转换为普通股)时会稀释当前股东的所有权比例。

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The new investors may buy convertible preferred securities, that is, bond-like equity with an option to change to a set number of common shares at an established price and at an exercise date in the future.

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