Eurobond

[ yoor-uh-bond ]

noun

1. a bond issued by a non-European corporation and offered for sale in the European market, to be repaid in the currency of issue, especially a U.S. corporate bond denominated and yielding interest in U.S. dollars.

eurobond

/ ˈjʊərəʊˌbɒnd /

noun

1. sometimes capital a bond issued in a eurocurrency

Word History and Origins

Origin of Eurobond¹

Euro- + bond ¹

Example Sentences

"Right now, the debt profile of the country is quite heavy," says Kenyan economist Ken Gichinga, explaining that next June is when Kenya must repay a $2bn Eurobond.

From BBC

"Yields at 11%-12% are maybe a few points away from fully normalizing for accessing Eurobond markets," said in a Friday note Siobhan Morden, a managing director for the Latin America fixed income strategy at Santander US Capital Markets.

From Reuters

Ofori-Atta said Ghana will continue discussions with private creditors, Eurobond investors on external debt to reach agreement with private creditors in the shortest possible time.

From Reuters

Njoroge said that "the government is quite relaxed about" its own $2 billion eurobond maturing in June 2024.

From Reuters

Ethiopia, which is currently negotiating a financing programme with the IMF, has a $1 billion eurobond issue coming due in 2024.

From Reuters