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Quotes of the day:
Oil prices will keep breaking new records until other countries move to nuclear and alternative energy sources or we discover massive new reserves and increase production dramatically over the next few years.
A Eurobond is a debt instrument that’s denominated in a currency other than the home currency of the country or market in which it is issued. Eurobonds are frequently grouped together by the currency in which they are denominated, such as eurodollar or Euro-yen bonds. Since Eurobonds are issued in an external currency, they’re often called external bonds. Eurobonds are important because they help organizations raise capital while having the flexibility to issue them in another currency.
Eurobonds: One of the biggest debt markets in the world - MoneyWeek Investment Tutorials
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