: a bond of a U.S. corporation that is sold outside the U.S. and that is denominated and paid for in dollars and yields interest in dollars

Examples of Eurobond in a Sentence

Recent Examples on the Web
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Current Eurobond covenants should be honored to maintain the credibility and integrity of African sovereign borrowers. Misheck Mutize, Quartz Africa, 30 July 2020 Instead, the money that had been earmarked for government employees went to fund Eurobond payments that the Kenyan government owed money on—part of the country’s ever-growing debt to Chinese and Western lenders. Anna Gordon, Time, 7 July 2023

Word History

First Known Use

1966, in the meaning defined above

Time Traveler
The first known use of Eurobond was in 1966

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Cite this Entry

“Eurobond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Eurobond. Accessed 28 Mar. 2025.

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