Glossary

Updated 1 April 2019

This glossary offers definitions of technical terms commonly used in the BIS Quarterly Review.

The glossary is also available as a PDF file in ChineseFrench, German, Italian and Spanish. Last update in April 2019.

eurobond

Bond denominated in a currency other than the local currency of the country where the bond is issued. Eurobonds are underwritten by an international syndicate of financial institutions and sold to international investors, eg a US dollar-denominated bond issued in the United Kingdom and sold to investors worldwide. Eurobonds denominated in US dollars are known as eurodollar bonds, and those denominated in yen as euroyen bonds.

Updated: 21 Aug 2018
eurobond

Bond denominated in a currency other than the local currency of the country where the bond is issued. Eurobonds are underwritten by an international syndicate of financial institutions and sold to international investors, eg a US dollar-denominated bond issued in the United Kingdom and sold to investors worldwide. Eurobonds denominated in US dollars are known as eurodollar bonds, and those denominated in yen as euroyen bonds.

Updated: 21 Aug 2018