understanding financial jargon
A Eurobond (also known as International Bond) allows a company to borrow money from any foreign market and in any currency. Normal domestic bonds will be issued in the currency of the country of origin, so for example a UK company would issue sterling denominated bonds to Uk investors, while a US company would issue a dollar denominated bond to US investors.
However the Eurobond allows, for example, a company in the US to borrow from German investors, but in Japanese yen.
Typical issuers include governments and large companies, while typical buyers are large institutions such as pension funds.
What to do if you need more help
If you need more help with your specific commercial loan, mortgage or insurance requirement please speak to a professional financial adviser.
We hope you found this information useful.
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