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Short- to medium-term debt instrument sold in the Eurocurrency market.


A debt security with a maturity of less than a few years traded in the Eurocurrency market. This means that the Euro note is denominated in a currency other than the one of the country in which it is traded.
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Ireland, which holds the rotating EU presidency, unveiled the design of seven euro-notes in denominations ranging from five to 500 euros.

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