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In Financial field, FCCB stands for?
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In the financial field, FCCB stands for Foreign Currency Convertible Bonds. FCCBs are bonds issued by a company in a currency other than the company’s domestic currency, and they can be converted into equity shares of the issuing company at a later date, usually at the option of the bondholder. These bonds are typically used by companies to raise funds in foreign currencies while offering the potential for conversion into equity if certain conditions are met.