A fixed coupon bond issued by a multinational company, not necessarily European, in a currency denomination other than that of the issuer's country to capitalize on disparities in currency exchange rates or interest rates. For example, a French company may issue a Eurobond in denominated in U.S. dollars.
Related information about Euro straight:
- Euro Straight - Financial Dictionary - The Free Dictionary
A eurobond with a fixed coupon. Eurobonds are bonds issued or traded in a country using a currency other than the one in which the bond is denominated.
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