Daily Point 2004 - Foreign Currency Convertible Bond (FCCB)

 

The Banking Tutor

Daily Point 2004

Foreign Currency Convertible Bond (FCCB) 

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 foreign currency. 

Sekhar Pariti

                    +91 9440641014