US firms face different borrowing costs depending on whether they issue bonds in US dollars or in euro. Bonds issued by US firms in a foreign currency are known as “Reverse Yankees” in market parlance.
The shortened form Yank is used as a derogatory, pejorative, playful, or colloquial term for Americans in Britain, Australia, Canada, South Africa, Ireland, and New Zealand.
A Eurobond is a bond issued offshore by governments or corporates denominated in a currency other than that of the issuer's country. Eurobonds are usually long-term debt instruments. Eurobonds are typically denominated in US Dollars (USD).
A Kangaroo Bond refers to a bond that non-Australian issuers issue in Australian dollars in Australia in compliance with the local laws and regulations. Bond issuers seeking to gain access to lenders and investors in the Australian debt market will issue a kangaroo bond.
A Yankee Bond is a bond issued by a foreign entity, such as a bank or company, that is issued and traded in the United States and denominated in U.S. dollars. For instance, Company ABC is headquartered in France. ABC issues dollar bonds in the United States, the bonds are Yankee bonds.
US firms face different borrowing costs depending on whether they issue bonds in US dollars or in euro. Bonds issued by US firms in a foreign currency are known as “Reverse Yankees” in market parlance.
Panda bonds are bonds denominated in Chinese Yuan (RMB) and issued within China's domestic bond market by entities domiciled outside of mainland China. These entities can include: Chinese-owned companies incorporated in offshore financial centers but with primary operations in mainland China.
A contingent convertible bond (CoCo), also known as an enhanced capital note (ECN), is a fixed-income instrument that is convertible into equity if a pre-specified trigger event occurs. The concept of CoCo has been particularly discussed in the context of crisis management in the banking industry.
A Kauri bond is a bond denominated in New Zealand dollars that is issued by a foreign issuer. The first issue took place in 2004. The name "Kauri" comes from one of New Zealand's larger native trees.
What is the difference between a Eurobond and a Yankee bond?
The two types of dollar-denominated bonds are Eurodollar bonds and Yankee bonds. The difference between the two bonds is that Eurodollar bonds are traded outside of the domestic market while Yankee bonds are issued and traded in the U.S.
How do I invest in Eurobonds? As a wholesale investor, to invest in Eurobonds, you need to go through a broker or financial institution that offers access to the Eurobond market.
Green bonds are a type of debt classified as Socially Responsible Investment. On issuing this type of bond, a company — private or public — receives funds that must be used exclusively to finance or refinance (partly or fully) projects with a positive impact on the environment.
What does it mean if someone asks if you're a Yankee?
Yankee has come to be associated with such characteristics as shrewdness, thrift, ingenuity, and conservatism. It was applied to Federal soldiers and other Northerners by Southerners during the American Civil War (1861–65) and afterward.
No one has ever figured out exactly where the term “Yankee” comes from. One guess is that “Yankee” started as the nickname “Little Jan” used by Dutch settlers at the time. But the Brits used it to mock all American colonists. Later, of course, it became the name of a very famous New York baseball team.
Masala Bonds are rupee-denominated bonds issued in foreign markets by Indian entities. They help avoid currency risk and let global investors invest in Indian debt.
Bonds that are believed to have a higher risk of default and receive low ratings by credit rating agencies, namely bonds rated Ba or below (by Moody's) or BB or below (by S&P and Fitch).
This makes them incredibly appealing, particularly for retirees looking for income to replace their paychecks once they stop working. They also tend to be much less volatile than stocks, making bonds ideal for capital preservation in retirement.
A bulldog bond is a type of foreign bond issued by non-British corporations seeking to raise capital in pound-sterling from British investors. Bulldog bond is a bond, traded in the United Kingdom, that is purchased by buyers interested in earning a revenue stream from the British pound.
A reverse convertible bond (RCB) is a bond that can be converted to cash, debt, or equity at the discretion of the issuer at a set date. The issuer has an option on the maturity date to either redeem the bonds in cash or to deliver a predetermined number of shares.
A samurai bond is a yen-denominated bond issued in Tokyo by non-Japanese companies, and is subject to Japanese regulations. These bonds provide the issuer with an access to Japanese capital, which can be used for local investments or for financing operations outside Japan.
Blue Bonds and Blue Loans are financing instruments that raise and earmark funds for investments such as water and wastewater management, reducing ocean plastic pollution, marine ecosystem restoration, sustainable shipping, eco-friendly tourism, or offshore renewable energy.
In comparison to other three year fixed rate bonds, the interest rate for their green savings bonds is less competitive than other products with equivalent term lengths, so if earning interest is your priority, you could consider other options over the NS&I green savings bond.
Greenwashing refers to organisations' misleading tactic to present their products or operations as environmentally friendly, thereby concealing their negligible or harmful environmental impacts. This term blends "green," symbolising ecological concern, with "whitewashing," indicating the disguise of damaging practices.