Understanding Optionally Convertible Debentures (OCDs) Understanding Optionally Convertible Debentures (OCDs) When it comes to investing in the world of finance, there are various types of financial instruments you can consider. DSIJ Intelligence-1 / Saturday, March 8, 2025 / Article rating: 5.0 When it comes to investing in the world of finance, there are various types of financial instruments you can consider.