Foreign bonds
Foreign bonds are given names relevant to the country where they are issued and regulated, for example in Canada bonds issued by non-Canadian companies denominated in Canadian dollars are known as Maple bonds and the interest and capital payments are in CAD.
Other foreign bonds from around the world issued by non-domestic entities in the domestic market include:Yankee bonds (US), dollar bonds issued in the US by a non-US issuer Bulldog bonds (UK), sterling bonds issued in the UK by a non-UK issuer Rembrandt bonds (the Netherlands)
Matador bonds (Spain)
Panda bonds (China)
Kangaroo or Matilda bonds (Australia)
Kiwi bonds (New Zealand).
Many deeply furrowed brows can be seen in financial circles when trying to come up with nicknames for new types of foreign bonds - see Article 7.1.
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