What does Eurobond mean?

Definitions for Eurobond
ˈyʊər əˌbɒndeu·robond

This dictionary definitions page includes all the possible meanings, example usage and translations of the word Eurobond.


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Wiktionary

  1. Eurobondnoun

    An international bond denominated in a currency not native to the country where it is issued.

Wikidata

  1. Eurobond

    A Eurobond is an international bond that is denominated in a currency not native to the country where it is issued. Also called external bond; "external bonds which, strictly, are neither Eurobonds nor foreign bonds would also include: foreign currency denominated domestic bonds. . ." It can be categorised according to the currency in which it is issued. London is one of the centers of the Eurobond market, but Eurobonds may be traded throughout the world - for example in Singapore or Tokyo. Eurobonds are named after the currency they are denominated in. For example, Euroyen and Eurodollar bonds are denominated in Japanese yen and American dollars respectively. A Eurobond is normally a bearer bond, payable to the bearer. It is also free of withholding tax. The bank will pay the holder of the coupon the interest payment due. Usually, no official records are kept. The word Eurobond was originally created by Julius Strauss. The first European Eurobonds were issued in 1963 by Italian motorway network Autostrade. The $15 million six year loan was arranged by London bankers S. G. Warburg. The majority of Eurobonds are now owned in 'electronic' rather than physical form. The bonds are held and traded within one of the clearing systems. Coupons are paid electronically via the clearing systems to the holder of the Eurobond.

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Numerology

  1. Chaldean Numerology

    The numerical value of Eurobond in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of Eurobond in Pythagorean Numerology is: 4

Examples of Eurobond in a Sentence

  1. Alexey Simanovsky:

    The Eurobond market is traditionally important for Russian banks as a source of funding, but it is not the decisive source, it is better to have access, but if there is no access then banks find alternative sources. The economy needs financing and will be financed.

  2. Alexey Bulgakov:

    In principle non-sanctioned companies can go to market to issue. After an extended absence of primary placements, there will be at least several new Eurobond issues from the summer.

  3. Sergei Goncharov:

    A specific trigger for the deals already announced is the upcoming Fed meeting when rates could be raised and borrowing become more expensive, in general, many Russian companies have (Eurobond) redemptions peaking in 2017-18, which need to be refinanced, which is sensible to be done in the next year to year-and-a-half.

Popularity rank by frequency of use

Eurobond#100000#193223#333333

Translation

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"Eurobond." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/Eurobond>.

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