E-Bond

Definition:

E-bonds refer to a joint European sovereign bond (Eurozone common bond) issued by European Debt Agency. Proposal for E-bond was made in late 2010. E-bond is sometimes referred to as a Eurobond. This is confusing because the usual definition of the Eurobond is a bond issued outside the home currency, such as a U.S. dollar bond sold in Europe.

Investing Essentials


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

Term of the Day

Wind bond

Wind bond is a type of Catastrophic Bond. The bond's payout is linked to the losses incurred from natural wind-related catastrophes such as hurricane, typoon, or monsoon.

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