Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
A Foreign Currency Convertible Bond (FCCB) is a unique financial instrument that combines characteristics of both debt and equity. It is issued in a currency that is different from the issuer's home currency. What sets this bond apart is its feature of being convertible into equity shares at a pre-determined price, giving the bondholder the option to participate in the company's ownership.