Template:GDR - FWMD

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Financial Weapons of Mass Destruction®



GDR


Like an ADR, but foreign.


Docs Prospectus, offer docs etc. Leaden, but dreary. 5
Amendability No real need. No real capacity. 0
Collateral Nope. 0
Transferability In theory, negotiable. Query how much in practice. Redeemable for underlier as well, if that kind of thing floats your boat. 5
Leverage Nope. 0
Fright-o-meter All a bit gnab gib, really ... except issuers tend to be in banana republics and nuclear-armed kleptocracies. 8