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

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Collateralized Bond Obligation (CBO)

Investment-grade bonds backed by a collection of junk bonds with different levels of risk, called tiers, that are determined by the quality of junk bond involved. CBOs backed by highly risky junk... Read More

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