List of foreign currency bonds


Foreign currency bonds are bonds denominated in a currency that is foreign to the entity issuing the bonds.

List of foreign currency bonds

Western nations

  • American Yankee bond, a US dollar-denominated bond issued by a non-US entity in the US market
  • Europea Union's Eurodollar bond, a U.S. dollar-denominated bond issued by a non-U.S. entity outside the U.S
  • Australia's Kangaroo bond, an Australian dollar-denominated bond issued by a non-Australian entity in the Australian market
  • Canada's Maple bond, a Canadian dollar-denominated bond issued by a non-Canadian entity in the Canadian market
  • UK's Bulldog bond, a pound sterling-denominated bond issued in London by a foreign institution or government.

BRICS

  • Brazil
  • * Brazilian Government Bonds or Brazil Sovereign Bonds: This is the standard, most accurate term for external or domestic debt.
  • * Real-Denominated Bonds: Bonds issued by Brazil's government in its local currency, the Brazilian Real, are sometimes simply referred to as BRL-denominated bonds or "Real-bonds" in casual market speak, but there is no specific, widely adopted nickname.
  • Russia
  • * Matryoshka bond, a Russian rouble-denominated bond issued in the Russian Federation by non-Russian entities. The name derives from the famous Russian wooden dolls, Matrioshka, popular among foreign visitors to Russia
  • India
  • * Masala bonds: an Indian rupee denominated bond issued outside India.
  • China
  • * Panda bond, a Chinese renminbi-denominated bond issued by a non-China entity in the People's Republic of China market.
  • * Dim sum bond, a Chinese renminbi-denominated bond issued by a Chinese entity in Hong Kong. Enables foreign investors forbidden from investing in Chinese corporate debt in mainland China to invest in and be exposed to Chinese currency in Hong Kong.
  • * Kungfu bond, an offshore U.S. dollar-denominated bond issued by Chinese financial institutions and corporations.
  • South Africa
  • * South African Government Bonds : This is the official and most common name for its sovereign debt.
  • * RSA Bonds: Bonds issued by the government are often shortened to RSA Bonds, as RSA stands for the Republic of South Africa.
  • * Rand-Denominated Bonds: Bonds issued by the government in its local currency, the South African Rand, are often referred to as ZAR-denominated bonds or "Rand-bonds".
  • Indonesia
  • * Komodo bonds, rupiah-denominated global bonds issued in Indonesia.

Asian allies of America

  • Japan
  • * Samurai bond, a Japanese yen-denominated bond issued by a non-Japanese entity in the Japanese market
  • * Uridashi bond, a non-yen-denominated bond sold to Japanese retail investors.
  • * Shibosai Bond, a private placement bond in the Japanese market with distribution limited to institutions and banks.
  • * Shogun bond, a non-yen-denominated bond issued in Japan by a non-Japanese institution or government
  • Korea
  • * Arirang bond, a Korean won-denominated bond issued by a non-Korean entity in the Korean market
  • * Kimchi bond, a non-Korean won-denominated bond issued by a non-Korean entity in the Korean market
  • Taiwan
  • * Formosa bond, a non-New Taiwan Dollar-denominated bond issued by a non-Taiwan entity in the Taiwan market
  • Singapore
  • * Lion City bond foreign currency denominated bond issued by foreign company in Singapore

Other nations

  • Huaso bond, a Chilean peso-denominated bond issued by a non-Chilean entity in the Chilean market.
  • Baklava bond, a bond denominated in Turkish Lira and issued by a domestic or foreign entity in the Turkish market
  • Dual currency bonds