A eurobond is an international bond that is denominated in a currency not native to the country where it is issued. They are also called external bonds. They are usually categorised according to the currency in which they are issued: eurodollar, euroyen, and so on. The name became somewhat misleading with the advent of the euro currency in 1999; eurobonds were created in the 1960s, before the euro existed, and thus the etymology is to "European bonds" rather than "bonds denominated in the Euro currency".
EU not ready for Eurobonds to boost defence spending, says Commissioner Kubilius
EU not ready for Eurobonds to boost defence spending, says Commissioner Kubilius
The EU executive proposed in early..
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