0
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 convertible bond is a mix between a debt and equity instrument. It acts like a bond by making regular coupon and principal payments, but these bonds also give the bondholder the option to convert the bond into stock.
Wiki User
∙ 15y ago
FCCB stands for Foreign Currency Convertible Bond. It is a type of bond that is issued in a currency different from the issuer's domestic currency and can be converted into the issuer's equity shares at a predetermined conversion price. FCCBs allow companies to raise funds from international markets and provide the potential for investors to participate in the company's growth.
Add your answer:
Earn +20 pts
What are the ECB guidelines of RBI?
1. ECB cannot be used in Stock or Real Estate. 2. For infrastructure and Telecom, 50% of the funding can be done by ECB. 3. For repayment of the FCCB, ECB can be done 6 months prior to FCCB maturity date.
Who was king Henry and what did he do?
he was a mean person who lived with mean people in a mean castle on a mean hill in a mean country in a mean continent in a mean world in a mean solar system in a mean galaxy in a mean universe in a mean dimension
What does (.)(.) mean?
you mean what you mean
What does mean mean in statistics?
Mean is the average.
What does descriptor mean?
It mean what you don't what does it mean.
How do you spell mean?
Mean
Is an arithmetic mean a weighted mean or a weighted mean an arithmetic mean?
The arithmetic mean is a weighted mean where each observation is given the same weight.
What does the 12 Chinese zodiac animals meant?
rat mean intense. ox mean calm , born tiger mean powerful rabbit mean good friend dragon mean strong snake mean prudent horse mean popular goat mean shy monkey mean inventor rooster mean organized dog mean intelligent pig mean honest that are what the 12 chinese zodiac animals mean
Do you say 'what does it mean' or 'what is it mean'?
The correct usage is "what DOES it mean"
What do the hardens mean mean?
The haudensaunee mean irguios
What does the aumred mean?
Do you mean ''What does the AUM Mantra mean?''
What does GRI mean?
What does GRI mean? What does GRI mean?
