EUROBONDS SECURITIES FOR THE FUTURE

EUROBONDS SECURITIES FOR THE FUTURE

Welcome to the new generation of global currency exchange—Eurobonds. “Eurobonds are bonds sold outside the country in who currency it is denominated” (Investorwords.com). For example, a dollar denominated bond that is being sold in Japan would be considered a Eurobond. These futuristic multinational bonds are sold in a variety of packages and are extremely attractive to investors because “unlike any other major capital market, the Eurobond market remains largely unregulated and untaxed” (Shapiro 364), The Eurobond market commands a powerful figure of approximately $700 billion in global securities. These bonds, already a powerhouse of global monetary exchange, are quickly gaining popularity both in the general public and multinational corporations.

There are a few different types of Eurobonds. There is the fixed rate Eurobond, which would be used in purchasing a bond that would ordinarily pay coupon payments once a year...