Fonds Commun de Placement and Foreign bond: Difference between pages

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(FCP).  
1.  


Type of collective investment scheme available in France and Luxembourg, which provides participants with co-ownership of a portfolio of securities managed by an investment management company.  
A long-term security issued by a borrower in the capital market of a country other than the borrower's. 
 
Unlike Société d’Investissement à Capital Variable (SICAVs), FCPs are not distinct legal entities.
Usually underwritten by a syndicate from one country and sold in that country's capital market, the bond is normally denominated in the currency of the country in which it is sold.
 
Examples include Bulldog bonds, Panda bonds and Yankee bonds.
 
 
2.  
 
The term is also sometimes used (incorrectly) to refer to a global bond or to an international bond.




== See also ==
== See also ==
* [[Commission de Surveillance du Secteur Financier]]
* [[Bond]]
* [[Investment trust]]
* [[Bulldog bond]]
* [[Offshore fund]]
* [[Domestic bond]]
* [[Société d’Investissement à Capital Variable]]
* [[Eurobond]]
* [[Undertaking for collective investments in transferable securities]]
* [[Global bond]]
* [[Unit trust]]
* [[International bond]]
* [[Panda bond]]
* [[Syndicated loan]]
* [[Yankee bond]]
 
[[Category:Manage_risks]]

Revision as of 13:49, 27 August 2013

1.

A long-term security issued by a borrower in the capital market of a country other than the borrower's.

Usually underwritten by a syndicate from one country and sold in that country's capital market, the bond is normally denominated in the currency of the country in which it is sold.

Examples include Bulldog bonds, Panda bonds and Yankee bonds.


2.

The term is also sometimes used (incorrectly) to refer to a global bond or to an international bond.


See also