bulldog bond

Bulldog bond

Foreign bond issue made in London.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Bulldog Bond

A foreign bond denominated in British pounds and traded in the United Kingdom. In order to raise capital from British investors, a non-British company may choose to sell a bond in the U.K. See also: Yankee Bond, Samurai Bond.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

bulldog bond

A sterling-denominated bond issued by a non-British firm or institution. An example of a bulldog bond is one denominated in sterling and issued in England by a U.S.-based company. Purchase of a bulldog bond by a U.S. investor would entail extra risks but also potential rewards stemming from possible changes in the value of sterling in relation to the dollar.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.