EFTA and Eurobond: Difference between pages

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European Free Trade Association.  
# An offshore bond in the international capital markets, issued in (offshore) [[Eurocurrency]], most frequently in USD. Eurobonds are, generally speaking, beyond domestic market regulation.  Maturities at issue are normally greater than one year and are usually, but not always, in bearer form.  They can be issued on any interest basis. Some attempts are being made to refer to Eurobonds as International bonds. One reason for this change in terminology is to avoid confusion with the [[euro]] (the currency of the euro area, informally Eurozone or [[Euro zone]], introduced some decades after the development of the Eurobond market).
 
# An alternative, and increasingly common spelling of [[euro bond]], a (currently theoretical) bond backed by all the EU Member States in the euro area.
 
EFTA's four members are:
 
Iceland, Liechtenstein, Norway and Switzerland.
 
 
The geographic area covered by EFTA is sometimes known as the European Free Trade ''Area''.
 
 
====Relationships with the European Union (EU)====
Iceland, Liechtenstein and Norway are members of the European Economic Area (EEA), which applies key EU legislation in relation to free trade throughout the EEA.
 
Switzerland has a separate bilateral trade agreement with the EU.




== See also ==
== See also ==
* [[European Economic Area]]
* [[Bond]]
* [[European Union]]
* [[Bond basis]]
* [[Money laundering]]
* [[Euro]]
* [[Schengen Area]]
* [[euro bond]]
* [[euro zone]]
* [[Eurocurrency]]
* [[Foreign bond]]
* [[International bond]]
* [[An introduction to debt securities]]

Revision as of 20:47, 5 May 2016

  1. An offshore bond in the international capital markets, issued in (offshore) Eurocurrency, most frequently in USD. Eurobonds are, generally speaking, beyond domestic market regulation. Maturities at issue are normally greater than one year and are usually, but not always, in bearer form. They can be issued on any interest basis. Some attempts are being made to refer to Eurobonds as International bonds. One reason for this change in terminology is to avoid confusion with the euro (the currency of the euro area, informally Eurozone or Euro zone, introduced some decades after the development of the Eurobond market).
  2. An alternative, and increasingly common spelling of euro bond, a (currently theoretical) bond backed by all the EU Member States in the euro area.


See also