![]() 989,662,926 visitors served. |
|
![]() Dictionary/ thesaurus | ![]() Medical dictionary | ![]() Legal dictionary | ![]() Financial dictionary | ![]() Acronyms | ![]() Idioms | ![]() Encyclopedia | ![]() Wikipedia encyclopedia | ? |
Eurobond |
Also found in: Dictionary/thesaurus, Acronyms, Wikipedia, Hutchinson | 0.04 sec. |
|
Eurobond A bond that is denominated in a different currency than the one of the country in which the bond is issued. Notes: A eurobond is usually categorized by the currency in which it is denominated, and is usually issued by an international syndicate. An example of a eurobond is a eurodollar bond, which is denominated in U.S. dollars and issued in Japan by an Australian company. Note that the Australian company can issue the eurodollar bond in any country other than the United States.Eurobonds are attractive methods of financing as they give issuers the flexibility to choose the country in which to offer their bond according to the country's regulatory constraints. In addition, they may denominate their eurobond in their preferred currency. Eurobonds are attractive to investors as they have small par values and high liquidity. 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.
|
|
? 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. |
| Free Tools: |
For surfers:
Browser extension |
Word of the Day |
Help
For webmasters: Free content NEW! | Linking | Lookup box | Double-click lookup | Partner with us |
|
|---|