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Euroyen

   Also found in: Wikipedia 0.01 sec.
Euroyen
Yen deposits in banks outside the jurisdiction of the Central Bank of Japan, that is, outside of Japan. Euroyen bonds are a highly desired investment because they are highly liquid and subject to fewer regulatory restrictions than other bonds. 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 local central bank, e.g. "euroruble."


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The loss has stemmed from the investments in euroyen bonds and mutual funds into which bonds denominated in foreign currencies are incorporated, according to the group, widely known as Nippon Keidanren.
Starting Monday, the CME will list euroyen futures and options on futures contracts on its 24-hour Globex electronic trading platform, allowing investors in different time zones to trade the product whenever they want to.
credit-rating agency said it has raised the rating for foreign currency and euroyen debt of public-sector corporations guaranteed by the Japanese government to Aaa from Aa1.
 
 
 
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