International bond: Difference between revisions
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imported>Doug Williamson (Delete 'normally' to align with Eurobond page.) |
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Formerly (and still much more commonly) known as a Eurobond. | Formerly (and still much more commonly) known as a Eurobond. | ||
An offshore bond in the international capital markets, | An offshore bond in the international capital markets, issued in a [[Eurocurrency]], most frequently in USD. | ||
Maturities at issue are normally greater than one year. | Maturities at issue are normally greater than one year. | ||
Revision as of 17:15, 3 March 2015
1.
Formerly (and still much more commonly) known as a Eurobond.
An offshore bond in the international capital markets, issued in a Eurocurrency, most frequently in USD.
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.
