Eurobond


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Related to Eurobond: Eurobond market

Eurobond

A bond that is (1) underwritten by an international syndicate, (2) issued simultaneously to investors in a number of countries, and (3) issued outside the jurisdiction of any single country. Eurobonds are often bearer bonds.

Eurobond

Bonds issued or traded in a country using a currency other than the one in which the bond is denominated. This means that the bond uses a certain currency, but operates outside the jurisdiction of the central bank that issues that currency. Eurobonds are issued by multinational corporations; for example, a British company may issue a eurobond in Germany, denominating it in U.S. dollars. 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 domestic central bank.

Eurobond

A type of foreign bond issued and traded in countries other than the one in which the bond is denominated. A dollar-denominated bond sold in Europe by a U.S. firm is a Eurobond.

Eurobond.

A eurobond is an international bond sold outside the country in whose currency it is denominated, or issued.

For example, an Italian automobile company might sell eurobonds issued in US dollars to investors living in European countries.

Multinational companies and national governments, including governments of developing countries, use eurobonds to raise capital in international markets.

References in periodicals archive ?
The Eurobond has a very low interest rate but besides that it's very important what the money will be spent on.
To summarise, Eurobond issuers should ensure that the proceeds from the bonds are used to finance infrastructure projects and not to finance budget deficits.
This Eurobond offering has become the first EUR-denominated Eurobond deal out of Kazakhstan since 2007 and in CIS since February 2014.
The Zenith Bank Eurobond, Emerging Markets Strategist at Standard Bank, took advantage of the favourable opportunity in the global capital markets has been characterised by further compression in emerging market Eurobond spreads.
On the whole, after the uptrend in market yields during January - March, rate decline in April that caused a squall of new offerings left, however, enough room for continuation of Eurobond price growth in the following months, proven by market growth in the first days of May.
Eurobonds are includes into the London Stock Exchange listing.
Earlier this month, the bank sold a three-year SGD400m (USD319m/EUR260m) eurobond through its investment vehicle VTB Capital.
Interest payments are made semi-annually for the US dollar denominated bond versus annually for the Eurobond offerings, but the primary difference would be the coupon rate (7% for the straight Eurobond, 7.
Eurobonds are often cheaper than a foreign currency bank loan because they can be sold on by the investor, who will accept a lower yield for this greater liquidity.
Eurobond takes pride in its 25 year history within the food industry and is committed to product development.
Alan Buchan, managing director, who has been with Eurobond for 24 years, said, 'Eurobond has historically benefited from a close relationship with local companies, being strategically placed near our major suppliers - Corus and Rockwool - this distribution deal continues this tradition.
Eurobond Adhesives are essential tools for maintenance, production managers and engineers.