English to Polish Bus/Financial Other

"RCB. A type of bond that can be converted into cash or stock at a specific date. Unlike a convertible bond, the issuer, and not the bond holder, has the right to convert the bond. The value of the bond is derived from the underlying shares, making the bond an embedded derivative. A convertible bond can be considered a call option, while a reverse convertible bond can be considered a put option held by the issuing company. If the price of the underlying stock falls below a certain point, the issuer will exercise the option and convert the bond into shares, thus ending coupon payments and principal that the holder would have otherwise received. Bond holders demand a higher interest rate and shorter duration for this type of bond, since the bond holder could wind up with low-value shares instead of the bond."