International bond: Difference between revisions
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imported>Doug Williamson m (Spacing 22/8/13) |
imported>John Grout (To recognise that the term has not caught on widely) |
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Formerly (and still commonly) known as a Eurobond. | Formerly (and still much more commonly) known as a Eurobond. | ||
An offshore bond, normally issued in a Eurocurrency, in the international capital markets. | An offshore bond, normally issued in a [[Eurocurrency]], in the international capital markets. | ||
Maturities at issue are normally greater than one year. | Maturities at issue are normally greater than one year. | ||
Revision as of 10:36, 3 March 2015
1.
Formerly (and still much more commonly) known as a Eurobond.
An offshore bond, normally issued in a Eurocurrency, in the international capital markets.
Maturities at issue are normally greater than one year.
They are usually - but not always - in bearer form.
They can be issued on any interest basis.
2.
Any bond issued outside the country of domicile of the issuer.
3.
The term is also sometimes used (incorrectly) to refer to a global bond.
