Euromark

Euromark

A German mark deposit in a bank outside the jurisdiction of Deutsche Bundesbank; that is, outside Germany. Since the introduction of the euro, the euromark has become obsolete.

The term has nothing to do with the euro, and the prefix "euro-" is used generally to refer to deposits outside the jurisdiction of the local central bank, such as in "euroruble."
References in periodicals archive ?
The Euromark HR printer is suitable for a wide range of coding and marking applications, they tell us.
Wal-Mart, Rewe, Metro, Geant, Tesco, Leader Price, Jeronimo Martins,Eldorado, Alma Market, Musketeer Group, Royal Ahold, Spolem, Monnari, Euromark, EM&F, Palmers, Empik, Smyk, Vistula, Wolczanka, LPP, W.
With the Bundesbank easing cautiously since mid-February, the expected trend in short-term German interest rates, as implied by several series of Euromark futures contracts, backed up sharply over the latter part of the period.
Ian Luck, managing director of UK distributor, Euromark Coding and Marking said: With outputs as high as 700 m.
By mid-June, prices in German credit markets began to reflect an expectation of Bundesbank rate hikes by the autumn of 1996, and forward rate agreement (FRA) rates for three-month Euromark deposits three months out moved sharply higher than cash rates, after having traded in a range roughly equal to or lower than that of cash rates for most of the quarter.
The implied yield on June 1998 Euromark futures contracts, which rose to a high of 4.
All nine high-speed lines have been equipped with Hitachi PXR 450 continuous ink jet (CIJ) printers by specialist supplier to the food and drink processing industry, Euromark Coding and Marking.
Reflecting that sentiment, implied yields on three-month Euromark futures contracts through March 1997 declined to levels only slightly above cash rates.
Said LIFFE Chairman Jack Wigglesworth: "LIFFE looks forward to the listing of the linked Euromark contracts at the CME in Chicago.
Euromark, supplier of continuous ink jet printers and sophisticated drop-and-demand systems, showcased the new U2 printer alongside the company's flagship Hitatchi PX coder, at this year's Pro2Pac exhibition.
Reflecting these developments, the implied yield on the December 1998 Euromark contract declined 22 basis points from peak levels in mid-April.
EuroMark unveiled the product at Bread & Butter Barcelona, the International Tradeshow of Barcelona for Casual Fashion, held July 4-6, 2007.