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Yankee bond
noun
- a bond issued by a foreign corporation or country designed for sale in the U.S.
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Example Sentences
The sale Tuesday of a $3 billion five-year "Yankee" bond—the first U.S.-dollar-denominated offering by Canada since September 2009—was gobbled up by central banks and fund managers, pushing the country's borrowing costs to record lows.
From Wall Street Journal
Since 1974 more than 50 Yankee bond issues have been sold in the U.S., almost all by governments or organizations whose credit is government-guaranteed.
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