Eurobond

English

Alternative forms

• eurobond

Etymology

From Euro- +‎ bond, modeled after Eurodollar.

Noun

Eurobond (plural Eurobonds)

1. (finance) An international bond denominated in a currency not native to the country where it is issued.
   • 1968 January 15, John H. Allan, “Eurobonds Outpace The Rush for Gold”, in The New York Times‎^[1], →ISSN:

     As a result of Eurobond sales, foreign holders of dollars could find “attractive” investments and thereby refrain from selling the dollars to their central banks, sales that would cause more pressure to step up the gold outflow from America.

2. (finance) Proposed government bonds to be issued in Euros jointly by the Eurozone states.
   • 2012, William R. Cline, Resolving the European Debt Crisis, Peterson Institute, →ISBN, page 243:

     The most widely discussed eurobond concept is certainly the Blue Bond/Red Bond concept proposed by Jacques Delpla and Jakob von Weizsäcker (2010). They suggest that sovereign debt in euro area countries be split into two parts.

See also

• Euronote
• Eurodollar
• Euroyen

Further reading

• Eurobond (external bond) on Wikipedia.Wikipedia
• Eurobond (eurozone) on Wikipedia.Wikipedia