What is GDR?

Answer Posted / gayathri

G D R
1. A bank certificate issued in more than one country for
shares in a foreign company. The shares are held by a
foreign branch of an international bank. The shares trade
as domestic shares, but are offered for sale globally
through the various bank branches.

2. A financial instrument used by private markets to raise
capital denominated in either U.S. dollars or euros

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