eurobond

Noun capitalized: Eurobond

Eurobond (plural Eurobonds)

1. An international bond denominated in a currency not native to the country where it is issued.
   • As a result of Eurobond sales, foreign holders of dollars could find “attractive” investments and thereby refrain from selling the dollars to their central banks, sales that would cause more pressure to step up the gold outflow from America.1968 January 15, John H. Allan, “Eurobonds Outpace The Rush for Gold”, in The New York Times, →ISSN
2. Proposed government bonds to be issued in Euros jointly by the Eurozone states.
   • The most widely discussed eurobond concept is certainly the Blue Bond/Red Bond concept proposed by Jacques Delpla and Jakob von Weizsäcker (2010). They suggest that sovereign debt in euro area countries be split into two parts.2012, William R. Cline, Resolving the European Debt Crisis, Peterson Institute, →ISBN, page 243