Euroyen

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."
References in periodicals archive ?
The Firm represented Banco de Credito e Inversiones (Bci), a leading Chilean bank, in connection with a Euroyen bond offering of JPY 4,900,000,000 0.
Global Banking News-2 February 2009-Westpac sells JPY245bn Samurai and Euroyen bonds(C)2009 ENPublishing - http://www.
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.
6 /PRNewswire-FirstCall/ -- CME, the world's largest and most diverse financial exchange, today announced that it plans to list its CME Euroyen futures and options on futures contracts on the CME Globex electronic trading platform.
Other Japan-related derivative products offered on the exchange are the Nikkei 225 futures and options, Nikkei 300 futures and options, Euroyen futures, Euroyen LIBOR (London InterBank Offered Rate) and TIBOR (Tokyo InterBank Offered Rate).
Prices of three-month Euroyen interest rate futures fell on the Tokyo International Financial Futures Exchange, with the yield on the key September contract up to 0.
The yield on the benchmark March 2000 contract for three-month Euroyen rate futures was at 0.
At the peak of these concerns and with December Euroyen futures contracts reflecting three-month rates nearly 90 basis points above cash rates, at the end of April the dollar traded to the bottom of its range for the quarter.
Through the new gateway, TT customers can trade the exchange's benchmark three-month Euroyen short-term interest rate (STIR) futures contract, which represents more than 95 percent of the global Euroyen volume.
Moody's Investors Service said Wednesday it has raised the rating for foreign currency and euroyen debt of public-sector corporations guaranteed by the Japanese government to Aaa from Aa1, with the rating outlook being stable.
On the Tokyo International Financial Futures Exchange, the key September three-month Euroyen rate futures yielded 0.
The price of the benchmark March 2000 contract for three-month Euroyen rate futures rose sharply after the 225-issue Nikkei Index plunged below 17,000 -- for the first time in three months -- bringing the yield to 0.