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