Template:GDR - FWMD

Top Trumps^®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