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Which financial instrument issue a different currency then issuer domestic currency? |
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Answer» HEY mate here is your answer.. 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 convertible bond is a mix between a debt and equity instrument. |
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