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EXCHANGEABLE ISSUE

Statistics Directorate    
Definition:
A bond or note that can be exchanged for existing shares or bonds of a third party at predetermined prices during specified periods of time.

Source Publication:
Coordinated Portfolio Investment Survey Guide, Second Edition, International Monetary Fund, 2002, Washington DC. Appendix VI: Definition and Description of Instruments.

Statistical Theme: Financial statistics

Created on Thursday, August 01, 2002