Eurobond
What is a Eurobond?
A Eurobond has two different meanings: An international bond that is denominated in a currency other than that of the country in which it was issued:
- These can be traded on the global markets
- Named after the currency they are issued in (i.e. Eurodollar, Euroyen)
A bond issued by the European Monetary Fund:
- Investors are effectively loaning the EMF money, which it then uses to help financially distressed counties within the Eurozone
- First proposed in mid-2011 as a result of the Eurozone debt crisis
Everything You Need To Master Excel Modeling
To Help You Thrive in the Most Prestigious Jobs on Wall Street.
Free Resources
To continue learning and advancing your career, check out these additional helpfulWSOresources:
or Want toSign upwith your social account?