global depository
This query is : Resolved
07 August 2008
what is the global depository receipt?
what is the global depository receipt?
07 August 2008
reply as early as possible
reply as early as possible
10 August 2008
A bank certificate issued in more than one country for shares in a foreign company. The shares are held by a foreign branch of an international bank. The shares trade as domestic shares, but are offered for sale globally through the various bank branches.
2. A financial instrument used by private markets to raise capital denominated in either U.S. dollars or euros.
1. A GDR is very similar to an American Depositary Receipt.
2. These instruments are called EDRs when private markets are attempting to obtain euros.
2. A financial instrument used by private markets to raise capital denominated in either U.S. dollars or euros.
1. A GDR is very similar to an American Depositary Receipt.
2. These instruments are called EDRs when private markets are attempting to obtain euros.
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