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Covered warrant (See Chapter 24 of the Vernimmen)
Covered warrants are warrants on existing securities issued independently of the company that had issued the underlying shares. They are "covered", because the issuing institution protects itself by buying the underlying securities on the market.
Covered warrant (See Chapter 24 of the Vernimmen)
Covered warrants are warrants on existing securities issued independently of the company that had issued the underlying shares. They are "covered", because the issuing institution protects itself by buying the underlying securities on the market.
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