Euro bond

A proposed new debt instrument for the euro area, also known as a Stability Bond.

The new instrument would be denominated in euro and issued jointly by a number of relevant countries, for example all of the euro area (informally Eurozone or Euro zone) countries.

This proposal is sometimes known as 'common issuance' (contrasted with separate sovereign issuance by each individual country as at present).

See also

• Eurobond