What does FCCB mean? What is the full form of FCCB?
The Full Form of FCCB is Foreign currency convertible bond.
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. It acts like a bond by making regular coupon and principal payments, but these bonds also give the bondholder the option to convert the bond into stock.
FCCB
means
Foreign currency convertible bond
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