Answer Posted / deepak
A Foreign Currency Convertible Bond (FCCB) is a type of convertible bond issued in a currency different than the issuer.s domestic currency. In other words, the money being raised by the issuing company is in the form of a foreign currency. A company may issue an FCCB if it intends to make a large investment in a country using that foreign currency.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What happens to each of the three primary financial statements when you change a) gross margin b) capital expenditures c) any other change?
what is Option trading?
What is 'securities transaction tax (stt)'?
what is a good sales to stock ration for a retail store?
What is NEFT?
Do you know what giffen goods are?
What techniques are used for the analysis and interpretation of financial statements?
What are the skills required to become actuarial?
Define Convertible Debentures?
Explain current assets, loans and advances.
What are the advantages and the disadvantages of equity finance and debt finance to a company raising finance and investors?
What are the limitations that should be known before trading?
What is 'universal banking'?
According to kyc guidelines which are the three documents that are mandated by rbi?
What are indirect instruments of monetary policy?
