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 ?
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.