Yankee bond

Yankee Bond

A foreign bond denominated in U.S. dollars and traded in the United States. In order to raise capital from American investors, a non-American company may choose to sell a bond in the United States. Most of the time, the issuers must register Yankee bonds with the SEC. See also: Bulldog bond, Samurai bond.

Yankee bond

A dollar-denominated bond sold in the United States by a foreign-domiciled issuer. U.S. investors can therefore purchase the securities of foreign issuers without being subject to price swings caused by variations in currency exchange rates. Yankee bond prices are influenced primarily by changes in U.S. interest rates and the financial condition of the issuer.

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.

Yankee bond.

Yankee bonds are bonds issued in dollars in the United States by overseas companies and governments.

The purpose is to raise more money than the issuers may be able to borrow in their home markets, either because there is more money available for investment in the United States, or because the interest rate the issuers must pay to attract investors is lower.

US investors buy these bonds as a way to diversify into overseas markets without the potential drawbacks of currency fluctuation, foreign tax, or different standards of disclosure that may be characteristic of other markets.

Mentioned in ?

References in periodicals archive ?

V Srikanth was the one whoraised $500 million last month through sale of bonds to foreign investors in RIL's latest instance of fund-raising transaction; while on the other hand, it was AlokAgarwal who brought in far-reaching changes in the companyin the mid-90s, after he moved out of BankAm operations, most significant of which was raising a 100-year Yankee bond -a bond denominated in U.S.

RIL restructures its finance wings for the first time in 37 years

We are seeing substantial demand from Yankee bond issuers and are well-positioned to capitalize on the significant growth that we expect to see in this space."

RBC expands platform

Yankee Bond: The Government of Pakistan has decided in principle to float $200 million Yankee bond at the international Bond market to further strengthen its liquidity position.

Optimistic trends

The city had a very successful Yankee bond issuance of $200 million in the U.S.

Funding capital expenditures: how countries around the world do it

Global Banking News-April 24, 2017--Mizuho to increase role in Yankee bonds

Mizuho to increase role in Yankee bonds

Plus, there has been a lot of issuance in the United States of Yankee bonds, which can be attractive, both for yield and credit diversification reasons," he said.

Investing abroad: U.S. and foreign insurers have different strategies regarding overseas investments

He added that on March 15 Marconi met interest payments of pounds 50.7 million on its Yankee bonds.

Marconi has 'every intention' of making interest payments

It said it had already paid pounds 51m on its Yankee bonds and expects to pay pounds 56.5m on its Eurobonds in the next few days.

MARCONI STILL IN TALKS WITH BANKS; Electronics firm is hopeful for the future

MATAHARI TO REPAY DEBTS IN YANKEE BONDS. PT Matahari Putra Prima (MMPA) hopes to be debt free by March 15 this year after repaying its last debt in yankee bonds valued at US$ 26 million.

CORPORATE NEWS IN BRIEF

The slowdown in net purchases reflected strong buying of newly issued Yankee bonds that was largely offset by net sales of outstanding foreign bonds.