The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

EUROBOND Definition & Legal Meaning

Definition & Citations:

Offshore issue of a corporate or government bond, usually a bearer bond. Typically issued in Luxembourg or Netherlands Antilles. Exists beyond the regulations of the issuing country. Uses a currency other than the issuer’s country. They cannot be traded in the US. Non-European institutions sell them in Europe but they are cleared and settled using Euroclear and CEDEL, European bank-owned clearing houses. Their norm is a fixed final maturity of 10 to 15 years, but some are perpetual. Known also as global bond.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.