DEFINITION
International Bond

"International bond": 1. Formerly (and still commonly) known as a Eurobond. An offshore bond, normally issued in a Eurocurrency, in the international capital markets. Maturities at issue are normally greater than one year. They are usually - but not always - in bearer form. They can be issued on any interest basis. 2. Any bond issued outside the country of domicile of the issuer. 3. The term is also sometimes used (incorrectly) to refer to a global bond.
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