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所在平台: Udemy |
课程主页: https://www.udemy.com/course/an-introduction-to-funds-from-international-markets/
课程评论：没有评论
本次 Coursera 课程《国际市场基金导论》主要探讨了国际投资者在印度可以投资的各种国际市场基金。课程重点介绍了外国机构投资 (FII)，并深入解析了欧洲发行（Euro Issues），包括全球存托凭证 (GDR) 和外币可兑换债券 (FCCB) 的相关概念。 课程详细阐述了存托凭证在美国 20 世纪 20 年代初的起源，并着重解释了美国存托凭证 (ADR)、144A 规则下的存托凭证以及全球存托凭证 (GDR)。此外，课程还介绍了印度公司发行的 GDR 机制，并分析了 GDR 发行对发行方和投资方的优势。 课程内容还包括 GDR 持有人权利的解释，特别是 GDR 的可兑换性 (Fungibility)，并简要提及了印度背景下的 GDR 发行情况。最后，课程对 FCCB（外币可兑换债券）进行了简要说明，并单独开辟了一个环节讨论 GDR 的定价，包括实际的簿记建档过程（如红鲱鱼招股说明书、招股文件和需求书）以及上市后稳定机制。课程还补充解释了绿鞋期权 (Green Shoe Options) 以及 GDR 定价的常见实践。
This section discusses the Funds from International Markets that an international investor can invest, in India.Mainly, Foreign Institutional Investment is discussed along with Euro Issues where we explain, Global Depository Receipts and FCCB (Foreign Currency Convertible Bonds).More explanations are provided for Depository Receipts when it was introduced in the USA during the 1920s.Explanations on American Depository Receipts, Rule 144A DR as well as Global Depository Receipts are given with elaborations.The GDR Issuing Mechanism is also explained as it is done by Companies in India.Advantages are explained for the Issuers as well as Investors of a typical GDR Issue.The rights of the GDR Holder are also explained in terms of the Fungibility of GDR Issues.A short section on GDR issues from an Indian context is also included.Lastly, this section provides brief explanations of FCCB (Foreign Currency Convertible Bonds).Pricing of GDR is also discussed in another session where the Actual Process of Book Building including Red Herring, Offer Document, and Book of Demand is briefly explained.After Market Stabilization is briefly explained as it stands providing more explanations on the Pricing of Global Depository Receipts.In this section, some more explanations are provided regarding Green Shoe Options, and common practices followed in the pricing GDR Issues.
