International bond

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Revision as of 17:15, 3 March 2015 by imported>Doug Williamson (Delete 'normally' to align with Eurobond page.)
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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.


See also