Eurobond/Definition: Difference between revisions
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(i) A bond that is offered for sale outside the country of the issuing corporation, for example a bond issued by a US company or bank, offered for sale in Europe, and dominated in euros; (ii) a bond | (i) A bond that is offered for sale outside the country of the issuing corporation, for example a bond issued by a US company or bank, offered for sale in Europe, and dominated in euros; (ii) a [[joint bond]] that is issued by a [[eurozone]] government and guaranteed jointly by all member governments of the eurozone. ''(Definition (i) refers to an established institution of long standing, whereas definition (ii) refers to a recent proposal)'' | ||
Latest revision as of 06:53, 17 September 2011
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Eurobond [r]: (i) A bond that is offered for sale outside the country of the issuing corporation, for example a bond issued by a US company or bank, offered for sale in Europe, and dominated in euros; (ii) a joint bond that is issued by a eurozone government and guaranteed jointly by all member governments of the eurozone. (Definition (i) refers to an established institution of long standing, whereas definition (ii) refers to a recent proposal)