FCCBs can be traded on the stock exchange.

True

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False

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Solution

The correct option is A True
True
A foreign currency convertible bond (FCCB) is a type of convertible bond issued in a currency different than the issuer's domestic currency.
An FCCB investor can purchase these bonds at a stock exchange, and has the option to convert the bond into equity or a depositary receipt after a certain period of time.

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Similar questions

Which of the following facts is/are true about SGBs (Sovereign Gold Bond)?

(I) SGBs are Government Securities Denominated in INR

(II) SGBs are issued by RBI on behalf of GOI

(III) SGBs can be traded on Stock Exchanges

(IV) SGBs can be bought from an authorized Stock Broker.

Explain the steps in trading procedure on stock exchange.

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