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Question

What do you mean by euro issue and explain its types?


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Solution

Euro issue is a name given to sources of finance or capital available to raise money outside the home country in foreign currency.

Types of euro issue: The most frequently used bases of funds that fall under Euro issues are

  • American Depository Receipts (ADR),
  • Global Depository Receipts (GDR),
  • Foreign Currency Convertible Bonds (FCCB)

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