Euroyen Bond

Dictionary Says

Definition of 'Euroyen Bond'

A Eurobond that is denominated in Japanese yen and issued by a non-Japanese company outside of Japan. Despite what the name suggests, Euroyen bonds can be found in bond markets around the world, not just in European markets.
Investopedia Says

Investopedia explains 'Euroyen Bond'

For example, if a U.S. bank holds yen-denominated bonds issued by a French company, then it is holding Euroyen bonds.

These types of bonds are advantageous because they face less regulatory restrictions. Euroyen bonds also tend to have small par values and high liquidity. These types of bonds have been around since 1984, when Japan started to open its financial markets.

Related Definitions

  • Eurobond

    A bond issued in a currency other than the currency of the country or market in which it is issued.
    Read More »
  • Samurai Bond

    A yen-denominated bond issued in Tokyo by a non-Japanese company and subject to Japanese regulations. Other types of yen-denominated bonds are Euroyens issued in countries other than Japan.
    Read More »
  • Bond

    A debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate. Bonds are used ...
    Read More »
    • Forex - FX

      The market in which currencies are traded. The forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day and includes ...
      Read More »
    • JPY

      The currency abbreviation or the currency symbol for the Japanese yen (JPY), the currency for Japan. The yen is made up of 100 sen or 1000 rin and is often presented with the symbol ...
      Read More »
    • Money Market

      A segment of the financial market in which financial instruments with high liquidity and very short maturities are traded. The money market is used by participants as a means for ...
      Read More »
    • Eurocurrency

      Currency deposited by national governments or corporations in banks outside their home market. This applies to any currency and to banks in any country. For example, South Korean won ...
      Read More »
    • Par Value

      1. The face value of a bond. 2. A dollar amount that is assigned to a security when representing the value contributed for each share in cash or goods.
      Read More »
    • Liquidity

      1. The degree to which an asset or security can be bought or sold in the market without affecting the asset's price. Liquidity is characterized by a high level of trading activity. ...
      Read More »
    • Eurodollar Bond

      A U.S.-dollar denominated bond issued by an overseas company and held in a foreign institution outside both the U.S. and the issuer's home nation. Eurodollar bonds are an important ...
      Read More »

Articles Of Interest

Partner Links