Bonds issued in foreign currencies
Some companies, banks, governments, and other sovereign entities may decide to issue bonds in foreign currencies as it may appear to be more stable and predictable than their domestic currency. Issuing bonds denominated in foreign currencies also gives issuers the ability to access investment capital available in foreign markets. The proceeds from the issuance of these bonds can be used by companies to break into foreign markets, or can be converted into the issuing company's local currency to be used on existing operations. Foreign issuer bonds can also be used to hedge foreign exchange rate risk. Some of these bonds are called by their nicknames, such as the "samurai bond."
• Eurodollar bond, a U.S. dollar-denominated bond issued by a non-U.S. entity outside the U.S
• Kangaroo bond, an Australian dollar-denominated bond issued by a non-Australian entity in the Australian market
• Maple bond, a Canadian Dollar-denominated bond issued by a non-Canadian entity in the Canadian market
• Samurai bond, a Japanese Yen-denominated bond issued by a non-Japanese entity in the Japanese market
• Shibosai Bond is a private placement bond in Japanese market with distribution limited to institutions and banks.
• Yankee bond, a US Dollar-denominated bond issued by a non-US entity in the US market
• Shogun bond, a non-yen-denominated bond issued in Japan by a non-Japanese institution or government
• Bulldog bond, a pound sterling-denominated bond issued in London by a foreign institution or government
• Matrioshka Bond, a Russian rouble-denominated bond issued in the Russian Federation by non-Russian entities. The name derives from the famous Russian wooden dolls, Matrioshka, popular among foreign visitors to Russia
• Arirang bond, a Korean won-denominated bond issued by a non-Korean entity in the Korean market
• Kimchi bond, a non-Korean won-denominated bond issued by a non-Korean entity in the Korean market.
• Formosa bond, a non-New Taiwan Dollar-denominated bond issued by a non-Taiwan entity in the Taiwan market
• Panda bond, a Chinese renminbi-denominated bond issued by a non-China entity in the People's Republic of China market
• State of Israel bond, a bond denominated in multiple currencies issued by the State of Israel through the Development Corporation of Israel.