Euro bond means it is a bond which is issued outside of the borders of the currency’s home. Euro bond is denominated in a currency other than the home currency of the country or market in which it is issued. You can read about the Masala Bonds – Benefits, Features & Significance in the given link.
Issuing Euro bonds is handled by international financial institutions. Although the name of the bond is Euro bond, it is not issued in Europe.
Further readings:
- Electoral Bonds – Introduction, Context, Importance & Significance
- Types of Bonds – Basics of Bond, General Features and Characteristics
Comments