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About: Foreign currency convertible bonds     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : dbo:TelevisionStation, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: television station New Facet based on Instances of this Class

Foreign currency convertible bonds (FCCBs) are a special category of bonds. FCCBs are issued in currencies different from the issuing company's domestic currency. Corporations issue FCCBs to raise money in foreign currencies. These bonds retain all features of a convertible bond, making them very attractive to both the investors and the issuers. These bonds assume great importance for multinational corporations and in the current business scenario of globalisation, where companies are constantly dealing in foreign currencies.