What is the full form of "FCCB"?
A. Food and Finance Corporation Board
B. Financial Committe for Certified Business
C. Fast Credits on Conservative Basis
D. Foreign Currency Convertible Bond
Answer: Option D
Solution (By Examveda Team)
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. A convertible bond is a mix between a debt and equity instrument.This Question Belongs to Abbreviations >> Finance Abbreviations
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