Business, Legal & Accounting Glossary
A bond issued in the US by a foreign borrower.
Accounting Slang: A Yankee is a bond issued in the USA by a borrower that is not a US-resident company.
A Yankee Bond is a Dollar-denominated bond sold in the US by a foreign bank, corporation, or government utility. It the USA equivalent of Eurobond.
Yankee bonds are securities issued in the US by a foreign company.
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This glossary post was last updated: 12th December, 2019 | 2 Views.