Eurobond

A eurobond is an international bond which is sold in countries with a currency other than the currency which denominates the bond.

Example: A bond denominated by the Swiss franc is offered to investors in the United States by a Swiss borrower is a eurobond.

It is important not to confuse the term “eurobond” with the euro currency used by many European Union member countries. A eurobond could be denominated by the U.S. dollar (a eurodollar bond), by the Japanese Yen (a euroyen bond), by the British pound (a eurosterling bond), or by any other currency.

More on this topic:
Swiss securities broker comparison

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