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debt securities

as defined in Directive 2004/109/EC of the European Parliament and of the Council of…, Article 2(1), point (b) (Definitions)

(b) 

‘debt securities’ means bonds or other forms of transferable securitised debts, with the exception of securities which are equivalent to shares in companies or which, if converted or if the rights conferred by them are exercised, give rise to a right to acquire shares or securities equivalent to shares;

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