Business, Legal & Accounting Glossary
A fixed coupon bond issued by a multinational company, not necessarily European, in a currency denomination other than that of the issuer’s country to capitalize on disparities in currency exchange rates or interest rates. For example, a French company may issue a Eurobond in denominated in U.S. dollars.
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This glossary post was last updated: 17th November, 2021 | 0 Views.