Eurobond

noun

Eu·​ro·​bond ˈyu̇r-ō-ˌbänd How to pronounce Eurobond (audio)
: a bond of a U.S. corporation that is sold outside the U.S. and that is denominated and paid for in dollars and yields interest in dollars

Examples of Eurobond in a Sentence

Recent Examples on the Web Current Eurobond covenants should be honored to maintain the credibility and integrity of African sovereign borrowers. Misheck Mutize, Quartz Africa, 30 July 2020 Instead, the money that had been earmarked for government employees went to fund Eurobond payments that the Kenyan government owed money on—part of the country’s ever-growing debt to Chinese and Western lenders. Anna Gordon, Time, 7 July 2023 And yet by the end of the 1960s, all had already changed, thanks to brilliant wheezes thought up by a London bank: the Eurobond and the Eurodollar. Geoffrey Wheatcroft, The New Republic, 24 Aug. 2022 The Vedomosti business daily quoted Finance Minister Anton Siluanov as saying that Russia will offer the holders of its Eurobond obligations a payment system bypassing Western financial infrastructure. Compiled Democrat-Gazette Staff From Wire Reports, Arkansas Online, 31 May 2022 Russia must make a $117 million coupon payment on a sovereign Eurobond next week for its $40 billion debt. Jj Kinahan, Forbes, 14 Mar. 2022 Countries have also been priced out of the Eurobond market by high interest rates. Misheck Mutize, Quartz Africa, 30 July 2020

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'Eurobond.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1966, in the meaning defined above

Time Traveler
The first known use of Eurobond was in 1966

Dictionary Entries Near Eurobond

Cite this Entry

“Eurobond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Eurobond. Accessed 24 Jun. 2024.

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