Eurobonds: translation
A long-term loan issued in a currency other than that of the country or market in which it is issued. There is no withholding tax applied to interest payment. Eurobonds are internationally underwritten and available in bearer form. They are cleared through Cedel and Euroclear and are traded crossborder. Exchange Handbook Glossary
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Bonds issued by a country or company in a currency that is not their own, e.g. a Japanese company issuing a dollar bond. They are not subject to withholding tax and fall outside the jurisdiction of any one country. Not to be confused with euro-denominated bonds, which are bonds issued in euros.