Cross-border bonds

Cross-border bonds

Bonds that firms issue in the international market.

Crossborder Bond

A bond issued in a country or currency other than that of the investor or broker. They include eurobonds, which are issued in a foreign currency, foreign bonds, which are issued by a foreign government or corporation in the domestic market, and global bonds, which are issued in both domestic and international markets. Unlike domestic bonds, crossborder bonds are usually subject to currency risk. Caution is required when investing in crossborder bonds because they may be subject to different regulatory and taxation requirements than the ones with which the investor or broker is familiar.
References in periodicals archive ?
Currently, a company wishing to issue cross-border bonds in the ASEAN+3 is faced with diversity in rules, regulations and practices, and may incur substantial cost in simply trying to understand the regulations and processes of each country," SEC said in a statement.
The Securities and Exchange Commission (SEC) is pushing for a regional bond issuance framework that would facilitate cross-border bond issuances within the ASEAN+3 participating economies.
If we looked solely at the number of companies that issue foreign-currency or cross-border bonds, then the degree of concentration would be dramatically higher," says Acres.
The issuance of cross-border bonds to both public and private institutional investors allowed Enoch Cree Nation and River Cree Enterprises LP to buy out Paragon Gaming's minority shares.
RCE is the first solely-owned First Nations on-reserve business to issue cross-border bonds.