Shogun bond(redirected from Geisha Bond)
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Dollar bond issued in Japan by a nonresident.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A bond issued in Japan by a non-Japanese organization in any currency other than the yen. The shogun bond market is relatively small, but the World Bank has issued them in the past. Less commonly, it is called a geisha bond.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
A bond denominated in currency other than yen and issued in Japan by a non-Japanese borrower. For example, a U.S. firm issuing dollar-denominated bonds in Japan would be selling Shogun bonds.
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.