Eurodollar bond

Eurodollar Bond

A bond denominated in U.S. dollars issued by a non-American company outside of the United States and the issuer's home country. It is important to note that these are traded worldwide, not just in Europe. Like other Eurocurrency securities, Eurodollar bonds are subject to fewer regulatory restrictions because the central bank that issued the currency (in this case, the U.S. Federal Reserve System) does not have any jurisdiction over the dollars because the bonds are issued and traded outside the U.S. For example, a Japanese company may issue a Eurodollar bond to attract foreign investors for its financing needs. Eurodollar bonds are one of the more common eurocurrency bonds because of the international importance of the dollar. See also: Eurobond, Eurodollar.

Eurodollar bond

A dollar-denominated bond sold to investors outside the United States. These securities allow buyers to benefit, or lose, from variations in currency exchange rates. A Eurodollar bond is an example of a Eurobond.
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Kommunalbanken Norway, a local government funding agency 80 percent owned by the Kingdom of Norway, is planning to sell a three-year eurodollar bond, Dow Jones has reported citing one of the lead managers.
We issued in April a conventional bond, a eurodollar bond.
Under Seippel's leadership GTS also issued the first fully functional Eurodollar bond.
Favorite Deal: "Issuing several eurodollar bonds during the mid-1980s, when allin costs obtained were significantly below U.
It's flagship publication Euromoney was first published in 1969 as the monthly magazine that explained the dynamic new markets in Eurodollar bonds, syndicated loan and short-term money markets.
BIS data showed that as late as July, Russia, riding a wave of confidence after an agreement with the International Monetary Fund, was able to successfully exchange domestic Treasury bills for seven and 20-year eurodollar bonds totalling pounds 3.
Treasury securities, securitization of a home equity loan portfolio, issuance of commercial paper secured by consumer receivables for a department store in Chapter 11, a commercial paper secured by insurance company investment funds, an issue of Eurodollar bonds backed by a pool of international commercial mortgages, and an issue of fixed-rate bonds secured by residential and commercial mortgages in Australia and Britain.