Foreign Currency Convertible Bonds (FCCBs) Quiz

A quasi-debt instrument issued in a currency other than the issuer’s domestic currency (correct)

A traditional debt instrument issued in the issuer's domestic currency

An equity instrument issued in the issuer's domestic currency

An instrument that can only be redeemed in the issuer's domestic currency

They are exclusively issued by Indian companies

They provide an option to convert the bonds into equity (correct)

They have a fixed interest rate and no option for redemption

They can only be issued in the issuer's domestic currency

Restricting capital flow from foreign markets

Accessing capital available in foreign markets (correct)

Minimizing presence in the international market

Avoiding international investors

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