| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,723,763,804 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Eurobond |
Also found in: Dictionary/thesaurus, Acronyms, Wikipedia, Hutchinson | 0.02 sec. |
|
Eurobond A bond that is (1) underwritten by an international syndicate, (2) issued simultaneously to investors in a number of countries, and (3) issued outside the jurisdiction of any single country. Eurobonds are often bearer bonds.
Eurobond Bonds issued or traded in a country using a currency other than the one in which the bond is denominated. This means that the bond uses a certain currency, but operates outside the jurisdiction of the central bank that issues that currency. Eurobonds are issued by multinational corporations; for example, a British company may issue a eurobond in Germany, denominating it in U.S. dollars. It is important to note that the term has nothing to do with the euro, and the prefix "euro-" is used more generally to refer to deposits outside the jurisdiction of the domestic central bank. Eurobond. A eurobond is an international bond sold outside the country in whose currency it is denominated, or issued. For example, an Italian automobile company might sell eurobonds issued in US dollars to investors living in European countries. Multinational companies and national governments, including governments of developing countries, use eurobonds to raise capital in international markets. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
|
| ? Mentioned in | ? References in periodicals archive | |
|---|---|---|
SANLUIS, a Mexican metals, mining and autoparts conglomerate, is seeking to refinance debt obligations after defaulting on nearly US$9 million interest payment due on a $200 million Eurobond. PINK SHEETS:SGBAF)(EURONEXT:SESG) (LuxX:SESG) announces that the company has today issued an inaugural Benchmark Eurobond under its EUR 2 billion European Medium Term Note programme. BANCO SAFRA, a Brazilian bank, issued US$125 million in eurobonds on international markets. |
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|