Stability Bond

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Proposals - subsequently shelved - for a new debt instrument for the euro zone.

The proposed Stability Bond was also sometimes known as a 'euro bond' (or even a 'Eurobond').

The new instrument would have been denominated in euro and issued jointly by a number of relevant countries, for example all of the Euro zone countries.

The idea concept was first raised in 2011 during the eurozone sovereign debt crisis ('eurozone crisis').

See also