Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun An unregistered bond denominated in a different currency than that of the country in which the bond is issued, such as a bond denominated in yen issued in South Africa by an Indian company.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun finance An
international bond denominated in acurrency notnative to thecountry where it isissued .
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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Investors have been calling for the creation of a so-called Eurobond, which would be backed by all 17 euro area nations.
unknown title 2011
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Warburg invented what is known as the Eurobond market, in which companies raise funds by issuing bonds denominated in currencies other than their own.
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The simple explanation is that it would be a mechanism for countries to issue a kind of collective bond, or a "Eurobond," backed by the entire Eurozone.
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Investors will likely be on the lookout for any indications that France and Germany might be open to the idea of a multicountry Eurobond to finance bailouts, even though spokesmen for both leaders said the topic won't be on Tuesday's agenda.
Euro Advances on Rivals Erin McCarthy 2011
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Least of all do Germans want anything to do with the idea of a Eurobond, which would wrap together all of the euro-zone countries in one low-risk offering.
Eurobond Plan Would Need a Big Sweetener Irwin Stelzer 2011
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Russian mobile telephone operator OAO Mobile TeleSystems on Tuesday said it boosted the ruble portion of its debt to 77% from 63% of the total in the fourth quarter, following the issue of a 25 billion-ruble $882 million domestic bond and a loan from Sberbank, combined with the repayment of a Eurobond and dollar-syndicated loan.
Russia Faces Fresh Capital Flight Ira Iosebashvili 2011
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Earlier today, German Chancellor Angela Merkel completely discounted the possibility of a Eurobond.
Michael Farr: Jobs Report Feel Good Michael Farr 2011
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Chris Ratcliffe/Bloomberg Investors will likely be on the lookout for any indications that France and Germany might be open to the idea of a multicountry Eurobond to finance bailouts.
Euro Advances on Rivals Erin McCarthy 2011
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The Ivory Coast's $2.3 billion Eurobond maturing 2032 was issued last year as part of the restructuring of its Brady bonds, on which it defaulted back in 2000.
Debt Default Looms for Ivory Coast Clare Connaghan 2011
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The West African nation has already missed a Dec. 31 interest payment of $30 million due on the 2032-dated Eurobond.
Debt Default Looms for Ivory Coast Clare Connaghan 2011
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