Bulldog bond

A bulldog bond is a sterling bond whose issuer is not British.

A bulldog bond would usually be issued because the issuer has (or intends to acquire) a revenue stream or assets in sterling. Matching these to sterling debt reduces exchange rate risk.

moneyterms.co.uk

Copyright © Graeme Pietersz 2006-2009. All rights reserved. Ads may be inserted by, and rights in them owned by, third parties. ISPs may not alter pages (including externally loaded elements) or track visitors.