Glossario
Foreign bond
Foreign bond is a bond issued in the domestic market of a certain country by a foreign organization in the currency of the domestic market. The concept of a foreign bond is collective and general for some especially popular types of bonds,
for example:
Kangaroo Bond
Yankee Bond
Panda Bond
Samurai Bond
The main characteristics of foreign bonds are as follows:
1. The issuer is not a resident of the country where the placement takes place.
2. The issue currency is always the currency of the placement country.
3. Often the organization of the issue occurs with the help of local market participants where the placement takes place.
4. As a general rule, foreign bonds may be freely acquired by non-residents of the country where the placement takes place.
The advantages of foreign bonds:
1. Ensuring access of domestic investors to liquid capital.
2. Leveling of currency risks for private investors.
3. Higher yield compared to similar non-foreign bonds.
The disadvantages (risks) of foreign bonds:
1. Longer issuance procedure compared to classic bonds.
2. In some cases there is a risk of double taxation (in the case of Samurai bonds).
3. Less flexible placement options due to special regulation.
Examples:
Rabobank, FRN 27jan2027, AUD
Mercedes-Benz Group, 2.46% 15dec2026, CAD
Trova qualsiasi dato su qualsiasi obbligazione con un solo clic
Dati completi su oltre 500.000 obbligazioni e azioni da tutto il mondo
Potente vagliatore di obbligazioni
Valutazioni dalle prime 3 agenzie di rating globali, più oltre 70 locali
Oltre 300 fonti di prezzo dal mercato OTC e dalle borse mondiali
Facile da usare e intuitivo su più piattaforme
Ottenere l'accesso