I want interpretation of these terms....whts the diffrnce btween ths two terms...
FCCB( Foreign Currency Convertible Bonds) and FCEB ( Foreign Currency Exchangeable Bonds):
Both are Issued by Indian Companies,
Both are Foreign Currency Bonds,
Both are issued to foreign investors,
Both are converted In Equity shares on a later Date,
Firtly interest and dividend are payable in forein currency then after conversion in INR...
I want the diffence bteween FCCB & FCEB???
CAclubindia
