Diaspora Bond

Definition:

A sovereign bond that targets investors that have emmigrated to other countries and the relatives of those emmigrants. For example, the government of Greece tries to sell a government bond to Americans of Greek origin.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Realized volatility

Sometimes referred to as the historical volatility, this term usually used in the context of derivatives. While the implied volatility refers to the market's assessment of future volatility, the... Read More

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio