Eurobond Terms

Bonds and bank deposits are both fixed income investments but the value of bonds can change significantly due to fluctuations in interest rates, market sentiment or even political events.

Eurobond
An international bond that is denominated in a currency not native to the country where it is issued. So by definition, these Eurobonds are issued in Eurocurrency i.e. Eurodollar bonds issued in Japan, EuroYen Bonds issued in Australia or EuroSterling bonds issued in Holland.