What does PN stand for?

Participatory Note

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Programmable Multizone Furnace (USN Rating) Personnelman Noise Power Pacific National (Australia) Pakistan Navy Pan Panama (including Canal Zone Region) Parques Nacionales (National Parks Administration, Argentina) Part Number Participating National (FCC)		Partido Nacional (Spanish: National Party) Partit Nazzjonalista (Nationalist Party, Malta) Partner Nation Paso A Nivel (Spain) Peanut Pedigree Nursery Peer Networking Pengadilan Negeri (Indonesian: district court) Percussion Note Perfect Nonlinear

Samples in periodicals archive:

The group will also look at the role of participatory notes ( PNs) through which unregistered entities invest in the domestic stock markets.

Group set up to lure FII funds

For example, it is expected that Cayman funds which invest in India should now have the option of being registered as a foreign institutional investor ('FII") with the Securities and Exchange Board of India ("SEBI") rather than investing through intermediary funds based in another jurisdiction or through participatory notes issued by other FIIs.

Cayman Moves To The "White List"

1 billion in cash and $770 million in participatory notes.

India: Sterlite, Suzlon to raise $1 b, kick off road shows abroad

The move came after the capital market regulator scrapped most curbs on derivative-backed investment tools known as participatory notes or P-notes in a separate move to spur inflows into the stock market.

India central bank injects cash into financial system, cuts cash ratio

There are other companies too that are watching the crisis with some tension: major stocks held through participatory notes issued by Lehman Brothers Investment Management, a SEBI-registered foreign institutional investor, include West Coast Paper Mills (down 5.

Will India Get Away?

Under the new rules participatory notes, or P-notes, which allow foreign investors like hedge funds to buy Indian shares without revealing their identity, will be phased out within 18 months.

Paulson will urge India against capital flow clamp

The new rules introduced by the Security and Exchange Board of India limit the issuance by foreign institutional investors and their sub-accounts of participatory notes, instruments that allow foreign funds from anonymous investors not registered with SEBI to invest in Indian shares.

Kyodo economic news summary -2-

It had fallen 1,500 points in minutes, prompted by a proposal to limit the issue of participatory notes, which allow foreign funds to buy Indian shares anonymously.

Stampede for exit follows attempt to curb hot money